API 5L X52 gas pipeline steel market will show a turbulent rise next week in China

At present, the national economy continues to recover steadily. The National Standing Committee has made arrangements to consolidate the foundation for economic recovery and further implement financial policies to support the development of the real economy. For the domestic API 5L X52 gas pipeline steel market, the traditional peak season for demand is gradually approaching, steel mills are clearly willing to uphold prices, and cost support is relatively strong.

However, the recent release of downstream demand for API 5L X52 gas pipeline steel has not been as expected. Spot market transactions are tepid, and API 5L X52 gas pipeline steel merchants have insufficient confidence in the market outlook. At the same time, the production release is still sufficient, and the market supply pressure is still on the high side.

Under the combined influence of many factors, the bottom of the API 5L X52 gas pipeline steel market will continue to rise steadily, and the trend of high-level adjustments will remain unchanged in the short term. On the whole, the API 5L X52 gas pipeline steel market will show a turbulent rise next week.