Home> Industry Information> 304 stainless steel angle steel stocks fell sharply

304 stainless steel angle steel stocks fell sharply

October 23, 2022


304 stainless steel Angle Steel stocks fell sharply earlier this month, the gentle continuation of pulling the domestic 304 stainless steel tube, with a cold counterattack, whether the demand or price gradually faded out of the "city center", the market will enter the middle horizontal consolidation stage.

The 304 stainless steel pipe market seems to be on the smooth water surface, the risk behind the undercurrent, mainly from the billet, the low price list between the two varieties has established a strong correlation, the gap between the billet and the steel price, the tube billet market is falling. Risk accumulation. At the same time, in the situation of inventory pressure multiplication tube factory stagnation, the establishment of 304 stainless steel pipe price measures to promote the transaction, the price of the 304 stainless steel pipe market has a slight decline. The stalemate in the market for the 304 stainless steel tube market was broken and the gap that became the downward was torn.


Market opportunities that have fallen in the market have become larger in December 304 stainless steel pipes, but will continue to decline in the future? This will be a strong process of bad and favorable factors for each game, demand will continue to shrink, and the contradiction between supply and demand is exacerbated. It is an indisputable fact that the cost of supporting the pressure will be on the market, the business mentality and the end of the show. The return of the fund, but the trend of continued warming in the fundamentals of the domestic economy has not changed, giving some confidence in the market.

In March, the domestic 304 stainless steel pipe market was at three different stages: gently pulling the early, medium-term sideways, and late to weak. Earlier this month, as the price of the pipe plant continued to rise, the seamless pipe market showed a mild pull, the market volume was slightly increased, and the social stocks were good. With the closing of the 18th, in addition to the macro level will continue to signal stability, other positive stimulus policies did not appear optimistic expectations, the market gradually "cooled", the domestic 304 stainless steel pipe market continues to rise weak, the price issue deadlock lasted for ten days.

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