• 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

Cyclical factors may drive the price of A572 grade 50 structural steel higher

After the third quarter of 2020, the leading factors for the price increase of A572 grade 50 structural steel are jointly driven by the macro-level fiscal policy, the demand for real estate rush work, and the production cost of A572 grade 50 structural steel. In terms of macro policies in 2021, it is difficult for the broad fiscal policy to maintain a loose state for a long time. After the epidemic is controlled, fiscal and monetary policies will return to normal. The loose monetary environment that supports the rise of commodity prices in 2020 may gradually withdraw in the second half of this year.

In addition, from a cyclical perspective, in 2020, China has launched the seventh round of inventory cycle since 2000. In the first half of 2021, it is still in the restocking stage. In addition, the US inventory cycle has also entered a restocking state, and the two major economies have entered together. The inventory replenishment cycle may drive global commodities into a bull market. Observing from the characteristics of domestic A572 grade 50 structural steel fundamentals, the price of A572 grade 50 structural steel may increase in 2021. From the perspective of trend monitoring, there is still a large probability that the upward trend since the second quarter of 2020 will continue in the first half of the year. The upward trend may gradually decrease in the second half of the year due to the shift in monetary policy and the impact of new production capacity.