Seamless steel pipe witnessed a sharp correction in May after speculative rally in April. Analysis on iron ore market, steel production, inventory, downstream demand and forecast for price trend during June traditional off-season.…

Domestic seamless steel pipe market continues to weaken with no recovery signals. Analysis on severe overcapacity, low capacity utilization, weak ore cost support, insufficient terminal demand and pessimistic market forecast for the second half of the year.…

Seamless steel pipe rallied sharply in March and April. Analysis on terminal demand, crude steel output, tight steel billet supply. Forecast that prices still have upside potential in May after short adjustment and price hikes will return to rational levels.…

After a sharp rally, seamless steel pipe prices enter a reasonable correction phase. Ultra-low inventory and high cost support limit downside risks. The market is expected to stage a new round of gains after the May Day holiday with improving terminal demand.…

Seamless steel pipe prices face restraints from accelerated capacity expansion. Comprehensive analysis covering macro policies, crude steel output, raw material cost changes, capital pressure, trade disputes and forecast of fluctuating market prices in the later period.…