Recently, the hot demand for TP316L stainless steel pipes is superimposed on two sessions (the National People “s Congress and the Chinese People ’s Political Consultative Conferenc). The market generally expects more favorable policies to be introduced.

stainless steel tubing ASTM A213 ASTM A269

Iron ore due to the low port stocks in the previous period and the shipment volume of external ore have not been greatly increased temporarily, resulting in the recent increase in iron ore significantly faster than building materials. The soaring raw materials bring greater pressure to the current plant.

On the raw material side, iron ore prices continued to rise yesterday. In plant, the price inquiry activity in early trading was relatively high. A small number of them just needed purchases. Among them, the sales volume of PB powder in Tangshan area was about 715 yuan / ton, up from last Friday, creating a new spot price in the past six months.

TP316L stainless steel pipe manufacturers, they are reluctant to buy at a high price, usually just need to replenish. Considering that the recent arrival of Brazilian goods in Hong Kong is lower than expected and the prices are too high, some steel plants have turned to use some Australian mines and non-mainstream mines.

In general, the recent rise in iron ore is significantly faster than rebar. The surge in raw materials has put greater pressure on current steel plants, so to a certain extent, the current price of TP316L stainless steel pipes has continued to rise. The main reason is that the demand is now relatively strong, the price of TP316L stainless steel pipes continues to rise, and the cost risk continues to be transferred to the terminal.