The stainless steel polished square pipe as a whole shows a narrow oscillation and weak situation
314The stainless steel polished square pipe as a whole shows a narrow oscillation and weak situation.
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According to the platform monitoring data show that as of March 31, 2020, the average price of 316 stainless steel square tube 108*4.5mm is 4591 yuan, which is stable compared with the last trading day, and the mainstream price of Jiangsu, Zhejiang, Shanghai, Tianjin, Henan, Shandong and other regional markets is between 4350-4450 yuan. The decline in market raw materials, coupled with the flat demand response, led to fewer large volume transactions in the 316 stainless steel square pipe market, especially in the downstream industry, which has maintained the normal level of shipments; Merchants are more on-demand shipments, more cautious. Market forecast: Since the weekend to today, market demand has weakened, shipments are less than last week, daily shipments are about 100 tons less than last week, but because the current spot price profit is already very low, merchants have no desire to drop prices. In terms of inventory, due to the recent weakening of shipments and normal production of pipe factories, the spot inventory of 316 stainless steel square pipe market rose slightly, and merchants were pessimistic and had no intention to replenish. In summary, it is expected that 316 stainless steel square pipe “spring” will accelerate the full opening of the market in late April, and the terminal will accelerate the pace of resumption of work, and the rising demand will drive the market demand for 316 stainless steel square pipe. The surface of the stainless steel plate is smooth, has high plasticity, toughness and mechanical strength, and is resistant to acid, alkaline gas, solution and other media corrosion. It is an alloy steel that is not easy to rust, but it is not absolutely rust free.

The stainless steel polished square pipe as a whole shows a narrow oscillation and weak situation.
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