BACKIndustry news
As of May 12, the theoretical profit margin of welded pipe was -24 yuan/ton, with a weekly increase of 179.3 yuan/ton, a month-on-month increase of 46 yuan/ton, and a year-on-year decrease of 86 yuan/ton. The theoretical profit of galvanized pipe is 84.2 yuan/ton, increasing 191.2 yuan/ton week on week, decreasing 94.2 yuan/ton month on month, and decreasing 40.2 yuan/ton year on year. This can be seen, welding pipe profit has been hovering on the edge of profit and loss. As far as I know, the welded pipe inventory in the hands of traders around the market is basically the high price resources made up during the price decline, the market arrival cycle is long, and the spot price has been in an upside down state. But at the beginning of this week, black futures rebounded sharply, making the welding pipe profit repair.
