Demand of ERW pipe in July

The de stocking of ERW pipe market is still continuing, but with the arrival of Meiyu season, the steel market demand is changing from the peak season to the off-season. The release of rigid demand will be limited by the rain water potential. It is difficult to recover the micro stimulation measures in the short term. In addition, the capital pressure at the end of the month aggravates the interference, and the steel rebound is weak. Although the market is good, it is still difficult to reverse the weak situation of the steel market. It is expected this week The price of erw pipe steel is weak and stable, and the stock may be increased

　　ERW pipe inventory: data show that the national steel inventory accelerated to decline last week, the largest weekly decline since this round of decline cycle. The cumulative decline of national steel inventory in recent 12 weeks has reached 29.43%, and the current inventory level has decreased by 20.64% compared with the same period last year. At present, the social inventory has been reduced to a low level, and it only takes 2-3 weeks to reach the low point in December 2013 according to the current de chemical speed. The market is excessively pessimistic, which leads to the insufficient supply capacity of social inventory of ERW pipe.