On the 6th, the individual market price of seamless pipes rose slightly by 10-20 yuan/ton, with general transactions. The average price of 108*4.5 seamless pipes in 33 cities is RMB 5,061/mt, up RMB 1/mt from the previous trading day. Mainstream seamless pipe mills in the country are offering weak and stable prices, with ex-factory cold-drawn pipes at RMB 5,100/mt and ex-factory hot-rolled pipes at RMB 4,600-4,650/mt in Linyi, Shandong Province. Shandong pipe mill production enthusiasm is general, the start rate is not high. Because of the billet offer more upward, the pipe mill offer more cautious offer, still mainly to ship. Downstream terminal demand is not good for business shipments, and the epidemic affects the arrival of resources is not much. The actual price increase is not implemented. It is expected that the near future seamless tube market shocks the possibility of small adjustments.
