According to Mysteel's inventory data: As of October 20, according to Mysteel's survey of the inventory of seamless pipes (123) merchants across the country, the national social inventory of seamless pipes this week was 746,500 tons, an increase of 3,100 tons from the previous month. This week's market demand The performance was average, merchants shipped slowly, and social inventories continued to increase. According to mysteel's survey of 33 seamless pipe manufacturers across the country, the factory inventory is 747,000 tons, an increase of 20,500 tons week-on-week, and a month-on-month increase of 69,400 tons; the output of pipe factories this week is basically the same, and the factory inventory has increased significantly. , it is expected that pipe factory inventories and social inventories may decline slightly next week.
From a fundamental point of view, the market transaction performance this week is average, and there is no obvious increase in demand. Many downstream companies are in a wait-and-see state. The pressure on social inventory and pipe factory inventory continues to be highlighted. Some pipe factories have implemented short-term maintenance plans. The fundamentals of supply and demand in a short period of time Maintain a weak balance pattern.

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