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Home > Seamless tube News > News Detail
Seamless tube News
SunSirs: The Seamless Tube Market Slightly Increased This Week (March 10-14)
March 17 2025 11:34:34SunSirs(John)

Price trend

According to data from SunSirs, seamless tube prices have slightly increased this week. As of the weekend, the price of 108 * 4.5, 20# seamless tubes was quoted at 4,167.5 RMB/ton, an increase of 0.18% from the beginning of the week and a year-on-year decrease of 12.68%.

Analysis review

This week, the price of raw material billets has slightly increased, and the factory quotation for 20 # hot-rolled billets was 3,400-3,480 RMB/ton.

Recently, coke has frequently increased and decreased, and steel mill profits have rebounded, but there was no obvious sign of an increase in tube billet production. The planned production of tube billets in March increased compared to the previous period, but it was still relatively low compared to the same period in previous years. However, due to the price reduction in the coke market, the profit margin of steel mills has expanded, and there may be a possibility of increasing production in the later period. March is the peak season for steel demand, and market demand may further recover. Downstream industries such as steel structure and infrastructure tubeline network renovation, guardrails, water conservancy, electricity, oil and gas tubelines, and thermal power still have a certain increase in demand for seamless tubes.

In March, Guangfu Group's 140 seamless steel tube production line was officially put into operation. According to incomplete statistics, the output was about 10,000 tons. In terms of supply, there may be a significant increase in seamless tube production in March. It is expected that the price of seamless tubes will remain strong in the short term. With the gradual recovery of domestic seamless tube demand and better than expected market demand, the mentality of traders has been somewhat restored. However, the winter storage resources in the market have not been fully digested, and the sustainability and intensity of demand still need to be observed.

Market outlook

It is expected that seamless tube prices will continue to consolidate in the short term.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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