Location:HOME > NEWS > Recent trend of threaded flange

Recent trend of threaded flange

2019-02-26 14:51:24   COMMENT:0 HITS:
  The current situation of high steel stock in steel mills has prompted threaded flanges to continuously reduce the ex-factory price of steel products, and the change of steel orders and price settlement methods in steel mills has also aggravated the decline of threaded flanges market prices. From the monthly daily output of crude steel at the beginning of ASME B16.5 Q235 Stainless Steel Threaded Flange the monthly inventory trend chart at the end of this year, we can see that the stock of threaded flanges is obviously higher than that of the same period last year.

  The fact that steel stocks in steel mills are on the high side has a significant impact on the decline of threaded flanges prices in the first half of this year. In the case of tight capital chain in the steel industry, the liquidity of the threaded flanges is not sufficient, so the enthusiasm of the threaded flanges to digest inventory for liquidity has increased significantly, and the consciousness of price reduction and sale is quite strong under the obvious inventory pressure.

  The weakness of pig iron in steelmaking this week was stable, and the threaded flanges market failed to continue the rebound trend last week, which led to the inability of pig iron prices to rise. Although the shipment situation of threaded flanges is still acceptable, the pig iron price will not change significantly until the actual demand is thoroughly improved. Casting pig iron market is dominated by small consolidation this week. Transactions vary from place to place.

  The slump of foundry industry makes the threaded flanges market vulnerable and difficult to overcome. Considering comprehensively, the domestic pig iron market is expected to remain weak and stable next week. This week, threaded flanges market remained weak and stable, and transactions in some areas improved.

previous_pageCommon faults of plate flange
next_pageFlange market demand side depreciation