Autumn and Winter Limited to enter the landing phase October

After the first week of work, futures rose after a day-trip, began to enter the two consecutive days of the collapse model, however, Thursday Friday sharply pulled up, capital poured into, hot-rolled coil or even seal dead limit, spot with the rise of the modelalso officially opened the curtain. The reason is still the most strict policy effect of restricting environmental protection. With the Wuan, Tangshan and other regional steel pipe mills to implement the policy of restricting production in autumn and winter, the output of steel pipe has been reducedslightly.

From October 1 onwards, Anyang Steel pipe, Sha Steel pipe Yongxing and Henan Asia, the daily output of 7,100 tons, about 12.6% of their own production, October 7, Wuan 14 Steel pipe Enterprises Limited by 50%-55%.

October 12, Tangshan of the general office of the People's Government to further strengthen the October air quality Improvement measures notice: Tangshan Steel pipe Enterprise fault peak production start-up time from November 15, 2017 to 0 o'clock October 12, 2017. Iron and steel pipe enterprises in the city in the autumn and winter of the production plan, iron and steel pipe enterprises to implement the sintering (pellet) equipment discontinued production of 50% of the measures; after the city's iron and steel pipe industry in autumn and winter, the wrong peak of the program issued, strictly comply with its implementation.

With the gradual implementation of the measures in winter and autumn, steel pipe supply end began to reduce, the market has a strong supply tightening period, the price of steel pipe rally has some help.

In addition, China began to levy environmental tax on January 1, 2018, tax revenue into the countdown, many provinces have begun to publish taxes or open soliciting drafts, opinion collection.

According to the relevant survey: Fujian, Guizhou and other provinces of the NPC Standing Committee has passed the provincial tax plan, Zhejiang, Jiangxi, Jiangsu, Guangdong and other provinces have been published to solicit opinion programs, Guangxi, Sichuan and other provinces on the plan in the municipal government or enterprise level research.

The original sewage charges in each province are applicable to different standards, have high and low, this "fee to change taxes" different provinces ideas. Many provinces have "translated" the original sewage charges standard into environmental taxes, while some provinces have raised standards.

All this means that the steel pipe enterprises cost expectations increase, but also indicates that the future steel pipe prices also bear a certain environmental costs.

At present, the implementation of environmental protection measures in place is to stabilize the steel pipe prices, but the road ahead of long, can go how far? Market still has some hidden worries.

Steel pipe exports to domestic demand fell sharply in September.

According to the latest statistics of the general Administration of customs: September 2017 China exports 5.14 million tons of steel pipe, compared with the last month to reduce 1.38 million tons, year-on-year decline of 41.6%, January-September China's cumulative export of steel pipe 59.6 million tons, year-on-year decline of 29.8%. With the sharp reduction in steel pipe exports, the pressure of steel pipe into domestic demand intensified, the country's policy along the way still need to continue efforts.

Futures trend overcast and uncertain spot market tangled forward.

Current spiral trend on the spot market still has a certain guiding role, unfortunately, the trend of up, many businessmen said that the snail unpredictable, easy to fall into the model of the collapse, make wrong judgments.

The demand of steel pipe in winter decreases downstream users purchasing will negative

The weather gradually turned cold, especially in the north, rain and snow weather increased, not conducive to outdoor operations, the demand for steel pipe will be reduced, the downstream users of sporadic procurement, bulk purchase will weaken, the steel pipe price has a negative impact.

In summary, the current steel pipe market pros and cons, with the autumn and winter heating season, the opening of the model, steel pipe production reduced, the supply end pressure is small, the probability of a sharp decline in steel pipe prices or small, short-term market or to high consolidation shocks.