Industry dynamics

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The wait-and-see mood of the large-diameter square tube spot market has increased, while the enthusiasm of site procurement has not improved. The shipments of large-diameter square tube spot merchants are less than expected. Under the pressure of capital and shipment, the reduction of shipment this week has become the main tone. However, considering the high cost and low inventory, the willingness of the merchants to sell is not strong, and the correction range is temporarily limited.

The production process of square tubes is simple, the production efficiency is high, the varieties and specifications are various, and the materials are different. Next, we will explain the essential differences between welded square tubes and seamless square tubes in detail.

In terms of spot steel, steel traders in most domestic steel markets took advantage of the "east wind" of the rebound in steel prices in recent days to issue orders and sell goods as soon as they were available, and the trading volume was enlarged, but steel traders were not optimistic about the late demand of the steel market and the recent trend of steel prices.

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