24 Hour Emergency Steel Machining Response

API 5L X52 PSL2 steel material market is expected to be relatively optimistic

In July, the PMI of the steel industry was 49.2%, down 0.1% from the previous month, and the steel industry remained relatively stable. The sub index shows that the growth rate of API 5L X52 PSL2 steel material production has dropped, the market demand is still relatively tight, the price of raw materials has maintained an upward trend, and the purchasing activities of enterprises have also declined, but enterprises are optimistic about the future. It is expected that in August, the market demand may be released, the production of API 5L X52 PSL2 steel mill will keep rising, and the price of API 5L X52 PSL2 steel material may rise in a shock.

Overall, in July, the downward trend of market demand eased, but the overall situation was still tight. The production of API 5L X52 PSL2 steel mill has maintained an upward trend and the growth rate has slowed down. The prices of raw materials and finished products increased.

However, API 5L X52 PSL2 steel mills and society are optimistic about the future market. It is estimated that in August, with the end of the rainy season and the fading of flood disaster, the market demand may be accelerated, the production of API 5L X52 PSL2 steel material will continue to rise, the speed of unloading will be accelerated, and the price of API 5L X52 PSL2 steel material will rise in a fluctuating way.

Are you also interested in further steel processing (machining)?

Just like you, 70% customers choose long-term cooperation with BBN steel not only for our good product and service quality, good reputation in the international market, but also for our experienced one-stop raw material supply and further steel processing!

Fabrication and Machining Service24h Technical support

Contact Us

Henan BEBON Iron&Steel co.,ltd.

Send Order Request