Stainless Steel Pipe Supplier Wenzhou Kaixin China
In the first two months of this year, due to the decline of the epidemic situation, the effect of macro-control policies was obvious, and the stainless steel pipe market performed well. It stabilized and recovered in four aspects, and even experienced rapid growth. Looking forward to the development trend of the stainless steel pipe market in the first quarter and within the year, it is still expected that the trend of stabilization and recovery will continue.
Relevant indicators of domestic stainless steel pipe market stabilized and rebounded. In the first two months of this year, the related indicators of the national stainless steel pipe market showed a steady recovery and accelerated growth. In the structure of fixed assets investment, industrial investment increased by 10.0% year on year, and infrastructure investment increased by 9.0% year on year, with a strong rebound. Although the national real estate development investment fell by 5.7% year on year, its decline has narrowed significantly and is developing in a good direction. The macro economy has obviously warmed up, and the related indicators of the stainless steel pipe market have generally improved, which indicates that the domestic demand for stainless steel pipe has also improved accordingly.
Exports showed rapid growth. According to the statistics of the General Administration of Customs, the national steel export volume in the first two months of this year was 12.19 million tons, up 49% from the same period last year. The strong growth of steel exports is mainly due to the tight supply and high prices in the international market, highlighting the competitive advantage of stainless steel pipe prices. Looking forward to the export trend in the year, it is difficult to change the tight price in the international market in a short period. On the one hand, the global PMI index in February rose for two consecutive months on a month-on-month basis, very close to the 50% rise and fall line; On the other hand, except for China, the world’s steel supply has not yet fully returned to normal, and most countries and regions’ steel production fell year-on-year. Affected by this, the export orders of Chinese steel enterprises are relatively sufficient at present.
While direct exports showed a strong growth trend, indirect exports of steel continued to maintain growth. According to the statistics of China Construction Machinery Association, in the first two months of this year, the export of excavators nationwide increased by 34% year-on-year; The export of loaders increased by 15% year on year. Therefore, it is expected that the export of steel consuming products such as automobiles will increase at a higher level in the first quarter.
The output of stainless steel tubes has increased from a decline. Driven by the growth of domestic and foreign demand, the national production of steel and finished products also increased from a decline. It is expected that the growth of the national stainless steel pipe production in the first quarter will not change, or even accelerate.
The price of stainless steel pipe rose in a volatile manner. At the beginning of the previous New Year, the domestic and foreign demand for stainless steel tubes increased rapidly, and the expectations were good, which stimulated the price fluctuation.
Looking forward to the trend of the stainless steel pipe market in the year, with the overall stabilization and recovery of the macroeconomic operation, the stainless steel pipe market will also rise in demand, production and price, but at the same time, we should also see that the external demand environment is complex and changeable this year, and the uncertain factors are increasing, especially the recent collapse of some American banks and the risk of spillovers, which has sounded an alarm bell for the global economy and the stainless steel pipe market, China’s steel export will face many constraints, so the stainless steel pipe market needs to be cautious in optimistic expectations