Decline of social stock of welded steel custom pipeline

　　According to the current situation, the domestic welded steel custom pipeline market continues to be weak and consolidated, and the output of welded steel custom pipeline has reached a new high, increasing the supply pressure; the demand for downstream steel has dropped significantly, and the market as a whole shows a clear trend of strong supply and weak demand, with businesses and end users mainly waiting and watching; The characteristics of the domestic welded steel custom pipeline market in the off-season are obvious, the delivery in the spot market is significantly reduced, the decline of the social stock of welded steel pipe has slowed down for several weeks, and the stock continues to transfer from the market to the inside of the welded steel custom pipeline plant.

　　At present, the overcapacity of welded steel custom pipeline enterprises in China is not only absolute overcapacity, but also structural overcapacity. The low-end iron and steel products in China, such as cast iron pipe, stainless steel profile, screw steel, etc., are basically kept at the end. From the perspective of product classification structure, the production capacity of low-end and rough processing fields is surplus, while that of high-tech content and high added value fields is insufficient.

　　After entering July, with the increase of fine weather, the construction of outdoor engineering project will gradually return to normal, thus driving the release of steel demand. However, due to the downward cost, the steel mills still have profits to speak of, with high production enthusiasm, and it is expected that the future market price will still be weak downward consolidation.