In July, the steel market price of cold drawn steel pipe will not rise or fall sharply.

    From the demand trend, from January to May 2018, fixed-asset investment, real estate investment, and infrastructure investment all experienced different degrees of decline. The scale of new RMB loans and social financing was far less than expected. Especially in the real estate market, the impact of regulatory policies is still deepening, and the growth rate of commercial housing sales has fallen sharply year-on-year. Despite the rebound in real estate development investment, the investment in construction and construction of real estate development enterprises is negative. Coupled with the hot summer heat in June and July, the procurement of construction sites is not very active.


    Some steel traders' attitudes are relatively calm, and the market in July is basically flat. In Beijing bode well for business limited company general manager Qiao Zhongmin told reporters that the steel market is expected in July will be the main market volatility, neither unilateral rise in cases of unilateral decline does not appear. The main reason is related to environmental protection, the capacity of electric furnaces, and the degree of easing of funds. However, due to the tight financial situation, the probability of steel market volatility in the second half of the year is too large.


    Another steel trader in Shanghai also told reporters that the price of cold-drawn steel pipes in the steel market should not rise or fall sharply in July, and the price may stabilize at around 4,000 yuan per ton. At present, the company's sales volume has not reached the same level as last year, mainly because there were not as many good news releases as last year, and with the gradual completion of some large projects in Beijing, the demand is also decreasing. For the trend of the steel market in the second half of this year, the steel traders believe that the second half of the year is not expected to be too good, mainly to see whether it is beneficial to the release of good news and the impact of terminal demand.