35crmo alloy tube continues to cut prices


35crmo alloy tubes continue to cut prices, which has a great impact on the steel industry. In addition, many steel traders have not been able to move this year, and they have less winter storage. There is no winter storage market. Steel mills have a heavy backlog and shipments are slow. In the second half of November, as the temperature continued to drop, the difficulty of shipping by traders increased. In order to ensure shipments, the quotation continued to be low. Although the price has risen in the previous period, it has also declined in recent days. Demand is still not strong. At present, the national steel inventories have ended the previous sharp decline, with a small oscillation, the social inventory of the 35crmo alloy pipe in the north is gradually decreasing, but the inventory in the southern region has not yet significantly increased.
The overall sales profit margin of the Chinese industry has continued to decline in recent years, from 7.26% in 2007 to 2.42% in 2011, which is at the lowest level in the national industry. Most domestic steel companies, including Hebei Iron and Steel Group, have fallen into meager profits and even losses. Liu Qiuping pointed out that “steel mills want to expand their direct sales share, and the e-commerce center can achieve this function. By expanding sales channels, it will increase the sales share of Hebei Iron and Steel Group.” In fact, in order to reduce the impact on the 35crmo alloy pipe industry, Wang Yifang, chairman and general manager of Hebei Iron and Steel Group, said that during the 12th Five-Year Plan period, Hebei Iron and Steel Group will continue to develop and expand diversified industries, and the preparation of “Hebei Iron and Steel Trading Center” is the embodiment of the Group's diversified industries.

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