The business on stainless steel tubes becomes more careful

It is understood that at the end of this week, the domestic market showed a significant rise in the deal of stainless steel tubes. It is reported that this weekend, finished products had an outstanding transactions with the price rebounding dramatically. At the same time, semifinished products experienced the same trend with the steel mill rising the price by 70-120. Currently, the tax-inclusive producing price of Guoyi, Xinglong, and Hongxing is 2450, while that of Anfeng is 2500. The large rise in the price of billet has a great impact on the market. The second day, the domestic steel market showed a rising trend. But the rise in raw materials did not continue. Till yesterday, Tangshan, leading enterprise of billet, put the price down by 20 in the afternoon. In addition, the recent global iron supply surplus. Domestic inventory is also high, so the downward trend may continue. Recent price of coal continues going down. The price in the leading cities also keeps at low rate.

Experienced the baptism, the stainless steel tube business has become more prudent. Jiang dong, deputy general manager of Jindi stainless steel pipe, a major rebar distributor, said that once he saw a low-priced stock, he could earn four or five hundred yuan for a meal. Now he would have to pay such a sum for a ton of goods.