• 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

Forecasting the price trend of API 5L X65 PSL1 steel material through inventory

Last week (8.24-8.28), the price of API 5L X65 PSL1 steel material in China's main market maintained a fluctuating trend, with little difference among regions. The steel index rose and fell flat, while the steel cost index fell slightly, indicating that the profit margin of steel mills increased; last week, steel futures showed a resistance to fall, which brought support to the spot market.

China's API 5L X65 PSL1 steel material prices are easy to rise but difficult to fall: futures do not hit, spot support; manufacturers support the market, businesses resist falling. At present, the main positive factors are as follows: the output will not be higher, the demand will not be worse, and it is difficult for the steel mill to give in; the negative factors are mainly reflected in: the inventory is still repeated, the delivery pressure remains, and the intermediate demand is wait-and-see.

Industry insiders believe that the slight fluctuation of API 5L X65 PSL1 steel material price last week is mainly due to the market's self-regulation: rising is tentative; falling is symbolic - in the case of unable to suppress each other, both long and short hope to exchange time for space. It is expected that the spot price of API 5L X65 PSL1 steel material will continue this trend this week, and there will be a small recovery momentum. During this period, we need to pay attention to the attitude of leading steel mills, the range of futures up and down, and the strength of demand recovery.