• 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

High decline in API 5L X42 plate inventory in September

In September, although the API 5L X42 plate market demand is not optimistic, due to the shrinking output of steel mills, the shipment of steel mills is still relatively smooth. In addition, the demand increase brought by the replenishment of warehouses before the Mid Autumn Festival and national day, the API 5L X42 plate inventory of steel mills tends to decline. The inventory index of finished steel products in September was 36.8%, down 0.4% month on month. According to the enterprise feedback, the current sales is relatively stable, and the steel mill inventory pressure is small.

Social inventories are also down at high levels. According to statistics, in the middle of September, the social stock of five major varieties of steel in 20 cities was 12.42 million tons, 10 thousand tons less than the previous ten days, down 0.1 percent, and 7.79 million tons, or 38.5 percent, from the peak value in the first ten days of March. Among them, the inventory of hot rolled coil was 1.88 million tons, an increase of 20000 tons over the previous ten days; the inventory of medium and heavy plate such as API 5L X42 plate was 960000 tons, an increase of 70000 tons compared with the previous ten days.