• Improper welding of X80 pipeline may cause cracks
• Brief introduction of API X52 pipeline steel
• The difference between PSL1 and PSL2
• Harm of inclusions in X70 pipeline steel
• API 5L pipeline pipe
• X52 steel plate surface quality standards that need to be met
• The basic production process of API 5L X60 pipeline steel
• The key to Q460D steel welding process
• What does the heat treatment of Q690 Steel include?
• Reasons for choosing Q690D steel

Asian API 5L grade B ms coil price rebound has not yet offset the decline caused by the epidemic

After the new year's day of 2020, the prices of all kinds of steel in the world dropped rapidly without exception, API 5L grade B ms coil included. And the overall drop rate reached the highest in history. The global manufacturing industry stoppage and traders' risk aversion greatly reduced the trading atmosphere in the international market, and the price decline of steel plate was larger than that of long steel.

From the middle and late April, driven to a certain extent by raw materials, the prices of API 5L grade B ms coil etc. hot rolled coils in the Middle East and Asia rebounded, with an average monthly increase of $60 / ton. As of August 10, Asian steel plate and long steel prices are still in the upward trend. The offer situation and purchasing enthusiasm of major buyers have improved significantly since August. But generally speaking, except for China, the restorative rebound in steel prices of various varieties in Asia did not offset the decline caused by the epidemic, no exception for API 5L grade B ms coil price.

At present, China's domestic trade is positive, API 5L grade B ms coil and so on steel profits are relatively considerable, steel mills do not pay attention to the export market in the short term. The strong demand in the second and third quarters has actually absorbed a lot of excess resources, which has also driven the price level of steel in Asia to a certain extent.