China's ministry of commerce on October or will be the turning point of tianjin lida seamless steel pipe, steel mill starts back up, also contributed to the steel production increase, the market supply pressure, bad steel prices again., according to business clubs monitoring until August 29, 163 steel blast furnace operating at 91.29%, down 0.28% compared with the previous week, but also set a time of high level since 2014.So, for cost reduction, tianjin lida steel pipe construction actively, led directly to the increase of the steel market supply.But in market circulation, social inventory still keep falling, tianjin lida steel pipe stock up again, the fact that shows off to steel mills.
Low prices of steel September, not unfounded, also does not just happen.With the current domestic
seamless steel tube industry "high capacity, high yield, high supply, low cost, low demand, lower prices, more debt, less cash, fast production, slow out" has close relation with the new normal.And bring a short-lived rebound in profits fell sharply because of cost, causing a huge production scheduling, in the domestic steel mills and in the current "productive low pin" oversupply situation.Tianjin lida steel pipe also Mired in this cycle.Hong kong-listed the traditional sales season already does not exist, nine gold, for tianjin lida steel pipe has no special significance.Seamless steel tube industry will still keep declining prices, only the steel mills cut production, supply, will have a new "bottom" appeared in the market.And demand picks up, or will appear in the fourth quarter of the downstream industry "rush at the end of the stage, the October or would be to tianjin lida steel pipe of a turning point.
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