From a macro perspective, the Sino-US trade war has officially started, and the seamless stainless steel tube market has increased concerns about systemic risks, but the state may adopt internal stimulus measures for hedging trade war pressure; from the industrial level, as high temperature weather continues, the terminal Demand continued to weaken, supply remained at a relatively high level, supply and demand for seamless stainless steel pipes evolved toward marginal weakness, but inventory remained low, and the contradiction between supply and demand was not prominent. For the market outlook, we believe that the price of seamless stainless steel pipes may continue to oscillate.

　　China Broadcasting Network Beijing October 10 news The US Department of Commerce announced on the 7th to launch anti-dumping and countervailing duty investigations on seamless steel pipes imported from China. The previous day, the EU Council of Ministers decided on the 6th to impose a final anti-dumping duty of 17.7% to 39.2% on China's seamless steel pipes exported to Europe. Analysts believe that the US International Trade Commission will make a preliminary ruling around November 2, and once approved, China's seamless steel pipe may lose the world's largest export market. The United States once again set trade barriers to China. Where will the Sino-US trade dispute go? Mei Xinyu, an associate researcher at the Research Institute of the Ministry of Commerce, analyzed this.

　　With the advent of the era of global economy and the demand for high-quality seamless steel pipe products in the domestic market, promoting industrial technology upgrade has become an inevitable requirement of China's seamless steel pipe industry. In this context, some seamless steel pipe manufacturers have embarked on the road of transformation and upgrading. Among them, promoting the integration of seamless steel pipe industry and mobile Internet has become the hottest topic.

The development of seamless steel pipe industry is being further adjusted. As a seamless steel pipe is one of the most important types in the steel pipe industry. Many manufacturers are doing this industry, the competition is fierce, and it is also relatively hung. However, in recent years, the overcapacity and the stratum of the strip steel are undoubtedly a challenge for the seamless steel pipe industry, so that the seamless steel pipe industry can be better developed. In order to obtain a relatively good profit, the seamless steel pipe industry must constantly study supply and demand, and only when the supply and demand relationship is in a better state can it win profits. Another is the export work, to strengthen their own strength and ensure the quality of seamless steel pipes, so as to ensure the development and profitability of seamless steel pipe manufacturers.

China's seamless steel pipe exports in January-February were 13.17 million tons, down 25.7% year-on-year. The analysis believes that the reason for the decline in China's seamless steel pipe exports is that the expectation for the future domestic demand market continues to strengthen; second, the international market trade protectionism prevails and targets China. The Chinese government and large steel companies are consciously reducing conflicts by reducing exports. It is predicted that if this trend continues, China's seamless steel pipe exports will drop to around 80 million tons this year. From the numerical point of view, it will greatly alleviate the problem of oversupply in the world seamless steel pipe market.

Recently, the All-China Metallurgical Chamber of Commerce held a 2018 enterprise exchange meeting. Zhang Zhixiang, president of the All-China Metallurgical Chamber of Commerce, said that the operation of the seamless steel pipe industry is expected to remain stable in the fourth quarter . The basic balance of supply and demand of seamless steel pipes in 2018 has become the main tone.

1 Main production process of hot-rolled seamless steel pipe (main inspection process):

Due to overcapacity of No. 45 seamless steel pipe and low steel prices, the No. 45 seamless steel pipe industry has been deeply mired in profit. Today, the tight capital situation is spreading from steel traders to steel mills. Recently, a steel company in Jiangxi has been broken and the boss has run.

Since the beginning of this year, the steel industry has continued to deepen the supply-side structural reforms, strictly guard against the resurgence of “strip steel”, ensure that all high-polluting production capacity has withdrawn from the market, and strictly control new capacity according to environmental protection requirements, thereby promoting the overall development of the industry. Affected by the above macroeconomic policies, the price of Q345C steel pipes in thefirst half of the year remained at a high level in recent years, and the operating rate of blast furnaces in steel mills was relatively high.

　　On November 7, the China Iron and Steel Association said that in October, affected by the country's steady growth policy measures, the market is expected to rise, and the release of steel production capacity remains at a high level, driving demand for iron ore and rising prices. The post-market will soon enter the low season of Q345C seamless steel pipe consumption, steel output will decrease, iron ore demand intensity will decline, and prices will not continue to rise, will be slightly fluctuating.

The difference between the so-called stainless steel seamless steel pipe and the carbon steel seamless steel pipe mainly refers to the difference in design rules between stainless steel and carbon steel, that is to say, the design rules of the two steels are not universal. The differences between 27simn seamless tubes are summarized as follows:

  Heat treatment (or heat treatment) is a group of industrial and metal processing processes used to alter the physical properties of materials, sometimes chemical properties. Heat treatment of steel can be defined as the application of heat to change the properties or state of the steel. The heat can be measured by the temperature of the steel to be treated. The temperature can be cold or hot when touched, so the process temperature range can range from very cold to very hot. Alternatively, in terms of temperature, the range can be from cold negative temperature to hot addition temperature.

Carbon reduces the corrosion resistance, ductility, toughness and weldability of steel. This is due to the strong affinity of carbon and chromium, which can form a series of complex carbides with chromium. The higher the carbon content in the steel, the more chromium carbide is formed. As a result, the chromium content in the solid solution is reduced, and the corrosion resistance of the steel is also lowered. The higher the carbon content in the steel, the lower the corrosion resistance. For stainless steel bright rods, corrosion resistance is the main requirement, so the carbon content of stainless steel bright rods is generally low, most of them are only 0.10% - 0.20%, generally not more than 0.4%.

"In the face of a strong 'environmental storm', the steel industry must consolidate its goals, form a consensus, and unswervingly take energy-saving, emission-reduction and low-carbon development as a strategy and direction, and unswervingly take the road of energy conservation and emission reduction, each Enterprises must not hesitate to pass the environmental protection." This is the mobilization order issued by Zhang Changfu, vice president and secretary general of China Iron and Steel Association, to the steel industry during the “2014 Fifth China Steel Energy Conservation and Emission Reduction Forum”. Relevant leaders from the National Development and Reform Commission, the Ministry of Industry and Information Technology and the Ministry of Environmental Protection have exchanged views with more than 300 representatives on energy conservation and emission reduction policies, countermeasures and experience.

In 2017, along with the rapid rise of domestic steel prices, scrap prices also oscillated all the way up, and at the end of 2017 exceeded 2,000 yuan (ton price, the same below) mark. Although the thorough removal of “strip steel” has had a certain impact on scrap demand and prices have been adjusted, in general, scrap prices have continued to rise along with the rise in steel prices. The data monitoring of the Lange Steel Cloud Business Platform shows that as of January 26, the heavy waste price in Tangshan District was 2,230 yuan, which was 850 yuan higher than the April 2017 low of 1,380 yuan, an increase of 61.6%. A price is also a new high in scrap prices in recent years. In the next step, environmental protection will become the biggest driver of the scrap industry, and scrap utilization will double in the next 2-3 years.

2018 is the first year of the second phase of the Blue Sky Defence War. The 20cr seamless steel pipe industry is one of the main battlefields for the battle against atmospheric pollution. Implementing ultra-low emissions is the top priority of this battle. The 2018 (ninth) China Steel Energy Conservation and Emission Reduction Forum, hosted by the Metallurgical Industry Planning and Research Institute, was held in Beijing.

SMM News: On June 15, 2018, the Ministry of Commerce issued Announcement No. 52 of 2018, and decided to review the investigation on the anti-dumping measures against imported high-temperature pressure-bearing alloy steel seamless steel pipes originating from the United States and the European Union.

　　Recently, the head of the Treaty and Law Department of the Ministry of Commerce of the People's Republic of China responded to the "Report on the Dispute of the Anti-dumping Measures against High-Performance Seamless Steel Tubes in Japan and the European Union against China" issued by the WTO (WTO) Dispute Settlement Appeals on October 14. I regret that the Appellate Body's ruling on price impact analysis, causality analysis, and cost adjustment and fair comparison related to the calculation of dumping margins. The Chinese side will carefully evaluate the Appellate Body report and the expert group report, and will properly handle the implementation of the case in accordance with WTO rules.

In the morning session, Linyi 35CrMo seamless pipe market price dropped by 30. Lange Steel Cloud Business Platform monitoring data shows: Youfa new national standard 1.5 inch (3.25mm) galvanized pipe price price 5380 yuan (ton price, the same below), Zhengjinyuan new national standard production 4 inch (3.5mm) galvanized pipe Price price 5030 yuan, Zhengda (Tianhong) new national standard production 6 inch (4mm) galvanized pipe price 5180 yuan.

In November, the funds were slightly tightened, and the interest rate of the seamless steel pipe market increased slightly. Commercial banks have significantly reduced credit exposure in some occupations and parts of the region. The Banking Regulatory Commission needs to issue a document to strengthen the prevention and resolution of the risk of the company's guarantee circle loans, warning the occupation of steel trade, coal and so on. Banks are more and more cautious about the seamless pipe industry chain, real estate and other professional lending, and the situation of tight management of the factory is still the same.

　　The transaction has been ups and downs, the market has risen and fallen, and the domestic spot steel price has risen slightly. The iron ore market has risen steadily, but the pressure on the port's ore inventory is increasing.