Shangluo settlement plate Hanzhong acoustic pipe Yulin grouting pipe manufacturer

Acoustic detection tube 3 - Xiaoshen nationwide delivery - grouting pipe settlement plate - grouting pipe manufacturer - settlement plate manufacturer - grouting pipe price - settlement plate price acoustic detection tube The author believes that from the current fundamentals, there is still a long way to go It is not as optimistic as the market expected, for the following reasons:
Raw material prices are falling steadily, and it is difficult to effectively support costs. On March, the CIF price of Australian fine ore was US$/ton, with a cumulative decline of 3% after the year. The sharp drop in iron ore prices is partly due to falling demand. Recently, there have been frequent news about production cuts in Tangshan and Linyi areas, and the Pancheng Steel smelting area will also be shut down. The willingness of steel pipes to purchase iron ore has declined. On the other hand, overseas miners' shipments have repeatedly hit record highs in a single week, and port inventories are high. In March, the port inventory of imported ore exceeded 100 million tons, and the average usage days of imported ore inventory was still at a high level of 3 days, which exerted pressure on iron ore prices. In addition, the performance of the futures market is not optimistic either. At the close of March, the closing price of the iron ore contract was 3 yuan/ton, with a weekly decline of .
Similarly, coke prices continue to fall. Steel prices continue to fall, the profitability of steel pipes is poor, and some varieties suffer serious losses. Coupled with the intensification of environmental protection policies, steel pipes have proactively lowered their operating rates, thus suppressing the demand for coke. In addition, in order to improve profitability, the company also tends to lower the purchase price of coke, resulting in continued decline in the spot price of coke. It is reported that the coke purchase price of Hebei Iron and Steel Group has been reduced by 3 yuan/ton since March. The execution price of first-grade coke is yuan/ton and the quasi-first-grade coke is 3 yuan/ton (price including tax at the factory). At the same time, the main coke futures contract also fell below the yuan/ton mark. As raw material prices continue to be weak, support for steel prices is also weakening.