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The overall market for high-precision cold drawn tubes is basically in a relatively stable state. The market for high-precision cold-drawn tubes has not changed much, and prices in some areas have increased slightly. The market in East China is generally stable, and the market in North China is strong. High-quality products are still favored. Most resources come from other provinces, and prices remain high.

at presentHigh precision cold drawn tubeThe price difference between futures and current prices has gradually widened and prices have continued to rise. However, the price of scrap steel has not increased significantly recently. Therefore, steel companies have continued to increase usage. Judging from the inventory situation in steel plants, it has reached three times that of the same period last year. This shows that steel companies have large demand and inventory. Therefore, due to the increase in inventory in steel mills, the recent price increase of high-precision cold-drawn pipes has been weak, and the overall market is basically in a stable state.
Taken together, it is expected that the high-precision cold drawn tube market will remain consolidated in the short term, waiting for opportunities to rise.