Large-caliber seamless steel pipe fixed asset investment growth will continue to remain high

The current market price has been at a low price for the same period in the past 10 years, and the market has a smaller breakthrough space. As far as the current price is concerned, the risk of stocking is low. However, due to the tightness of the industry funds, there are few signs of stocking in the market when the market's gains are not clear. Relative to the continuous suppression of steel production capacity by environmental protection and elimination of backward production capacity, the demand side is worth looking forward to; in the future, China's economic development will focus on restructuring and promoting development, and the overall situation will be relatively stable. In the case of ups and downs, large-scale economic stimulus measures are unlikely to occur. However, around the new urbanization construction, China's large-caliber seamless steel pipe fixed asset investment growth will continue to remain high.
 At the same time, the internal inventory of steel enterprises continued to fall. In late December, the inventory of iron and steel enterprises was 12.8785 million tons at the end of the year, a decrease of 948,000 tons from the end of the previous year and a decrease of 6.86% from the previous month. At the end of January, steel stocks were 12.14 million tons, down 5.7% from the end of the previous period. Internal stocks fell, because steel mills concentrated shipments in late December, while steel mills increased the proportion of direct supply, so the spot market demand continued to be poor, but steel mill inventory remained declining. Looking forward to the year, the market is open until mid-February, when the market will be active. From the current social inventory, this winter storage behavior is not as obvious as in previous years. There was no rising price of steel before the holiday. First, there was no large-scale winter storage behavior in previous years, and there was no macro policy expectation. However, the steel mills cut production, so that the supply has continued to decline in the near future. There is no winter storage before the holiday. The demand will gradually improve after the holiday. In addition, after the holiday, the market will have a wave of rising prices according to previous years' practice. The most important reason is that the current steel price is low, but the deposit is still high and volatile, so the market profit margin is microblogging. Considering the deposit factor, the domestic steel price will not continue to fall until the year after the rise. Foreshadowing. Under the circumstances of vigorous environmental protection and elimination of backward production capacity, the production capacity of the steel industry in 2015 may be slightly slowed down, crude steel output will continue to be affected, and the pace of its own transformation and upgrading will continue to be vigorously accelerated. The reason why the steel market shows such characteristics is that on the one hand, due to the tight funding, the market lacks funds to speculate, which makes it difficult for the market to fluctuate. On the other hand, this year's output is much higher than in previous years, the market has improved slightly, steel mills began to release production, which restricted the increase in steel prices; and when prices fell, due to the strong price of raw materials such as iron ore This makes the cost support stronger, which also leads to a decline that is not too deep. In today's high output and tight funding, prices may still maintain a narrow range of fluctuations. In this week's market, prices in major markets across the country fluctuated within a narrow range, with transactions concentrated at low levels.