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The epidemic situation and the international situation affect the steel market

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The intermittent mutated virus tried to disrupt the company’s development and business plan, but it failed. We are at a loss for the first time, and there will be no second panic. Seamless steel pipe and steel market are still loading and departure in an orderly manner. But we pay more attention to safety distance and personal protection. At the same time, the steel market did not rise and fall because of the epidemic. Many domestic outbreaks have led to poor transportation and shutdown of some construction sites, Carbon Steel Seamless Tubes,but the demand for steel is still released smoothly. Under the condition of limited transportation, the steel plant continues to consume raw material inventory, and the situation of blast furnace stewing increases. It is not ruled out that there will be more production reduction in the follow-up.

Recently, the international situation is very grim. The continuous rise of energy prices has had an impact on the manufacturing industry in some foreign countries. Many steel mills have announced to reduce production or stop production. Some enterprises said they planned to restart production after the price of natural gas fell. Precision Seamless Steel Tube,Of course, the sharp rise in power costs has also become an increasingly concerned issue in energy intensive steel and other industries, and even “its production has no economic significance”.

In the context of the recent sharp rise in energy and rising inflation, a federal economy minister habek said that taking measures in advance could “alleviate some pressure”. However, he also said, “given that prices are rising too fast now, we must talk about further relief.” In addition, a country’s energy supply must be placed on a “stronger basis”, which applies to the expansion of renewable energy and the construction of LNG terminals.China Q345 E355 Gr.50seamless Steel Tube Factories


Post time: Mar-25-2022