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Stainless steel market review in the first half of the year
:  : Jul 20,2021

According to statistics, the steel market experienced unprecedented ups and downs in the first half of 2021. With the stimulus of global monetary easing and domestic "carbon neutrality and carbon peaking" and other factors, steel prices have started a sharp rise. In the first half of the year, the price of seamless pipes showed a sharp upward trend. The price peak appeared in early May. As of the end of June, the price of seamless pipes rose by nearly 40% year-on-year. Both the supply and demand release of seamless pipes this year were earlier than 2020. In the first half of the year, the supply surged and declined, and demand showed a similar trend.

The price trend of seamless pipes in the first half of the year showed an overall upward trend, with a huge increase in the first half of the year. In May, the price of seamless pipes experienced a round of sharp rises and falls in an inverted "mountain" shape. In the first half of the year, the price of seamless pipes peaked in early May.

Looking ahead to the market in the second half of the year, supply and demand are expected to pick up slowly after a short-term low volatility. The price of seamless pipes in the second half of the year is still worth looking forward to.