The black series futures market is expected to float green on the night market, and the national welded pipe prices may stabilize and weaken today

Market hotspots

1. Macro information

Multiple blast furnaces in Tangshan have been demolished, and Hebei Huaxi Iron and Steel Co., Ltd. has replaced two 450m blast furnaces for the relocation project of Hebei Huaxi Special Steel Co., Ltd ³ Blast furnace (1 #, 2 #), 1 1080m ³ Blast furnace (3 #), Tangshan Jinma Iron and Steel Group Co., Ltd. capacity transfer for the replacement of one 1080m production capacity of Zhongtang Special Steel Co., Ltd.'s high-quality steel project in Chifeng City, Inner Mongolia Autonomous Region ³ Blast furnace (1 #), 1 1350m ³ The demolition work of the blast furnace (2 #) has been completed.

2. Industry hotspots

The delivery schedule for the first batch of "Baojiao Building" special loan projects in Henan has been released. The first batch of special loan projects will be fully completed and delivered by the end of October, and the second batch will be delivered by 50% by the end of the year.

3. Steel pipe viewpoint

Recently, the "Xiongcheng 1" vessel officially launched pile driving operations in the Qinglongmen water area of Meishan, Ningbo, marking a new stage in the construction of the second phase of the Liuheng Highway Bridge in Zhoushan Port, Ningbo.

It is reported that the Phase II project of the Liuheng Highway Bridge, as a large-scale cross sea island project, consists of multiple bridges and connecting lines to form a highway passage. The entire line has a total of about 17.76 kilometers of mainline bridges, including about 16.88 kilometers of super large bridges, including two world-class cross sea bridges, the Shuangyumen Special Bridge and the Qinglongmen Special Bridge. The Qinglongmen Grand Bridge is the world's largest three tower steel box girder cable-stayed bridge with a double main span of 756 meters across the sea. It adopts a semi floating system design, and the main tower is a diamond shaped tower, with all three towers measuring 249 meters in height.

Market Review

Yesterday, the spot market price of welded pipe continued to stabilize and weaken. Domestic scale pipe factories have basically maintained stable operation, with only a few individual pipe factories experiencing price reductions. In the market, supply is gradually recovering, but relative demand has not improved. It will take some time for downstream construction sites to officially start construction, and there is downward pressure on prices. In terms of raw materials, the closing price of Tangshan 355 strip steel yesterday was 4030 yuan/ton, a decrease of 10 yuan/ton compared to the previous trading day.

Table 1: Changes in Market Related Varieties Prices on the Previous Trading Day