In terms of supply: overall, the mills’ production situation of S275J0H seamless steel pipe is basically normal, and the supply side is still relatively stable in the short term.

In terms of demand: the overall performance of S275J0H seamless steel pipe transactions this week was unchanged from last week, with no significant changes. However, as the floods receded in many places, normal construction conditions began to resume in various places. However, the current high temperature weather continues and the terminal payment problem exists, the demand for S275J0H seamless steel pipe may hardly pick up significantly next week.

From a mentality point of view: the current raw material costs remain high and steel mills have cost support. In addition, due to the state's support for infrastructure this year, most of the market is more optimistic about the market outlook, and the market's willingness to maintain prices still exists. However, this week, both the factory and social warehouses increased, and the expected demand has not been fulfilled over time. S275J0H seamless steel pipe merchants have maintained a cautious attitude.

On the whole, the price of S275J0H seamless steel pipe is expected to fluctuate in a narrow range next week. The current "high cost, high inventory, high supply" trend continues. Only when the demand for S275J0H seamless steel pipe picks up substantially, the price of S275J0H seamless steel pipe is expected to usher in a continuous rebound. There are certain expectations for the "golden nine silver ten".