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The price of steel pipe increases while in slack season

Generally, July is the slack season of seamless steel pipe. But SMLS steel tube and stainless steel tube staged a vigorous rebound in these two weeks. The industry insiders say that the prices increasing of raw and semifinished materials is the main reason of the rise in price of carbon steel pipe and stainless steel pipe.

According to environmental protection policy requirements. The large steel mills have turned off many small steel furnaces, and laying emphasis on big one. But the window period causes the reducing of steel capacity. The shortage of steel lead to the production reduction. In july steel pipe production reach new heights, which means the inventory decreased a lot. So the inflation of steel prices may continue for a while.