This week (02.25-03.01) the market price of square tubes in central and southern China is stable and strong. Up to submission, the average price of 4-inch (3.75) square tubes in Zhengzhou is 4840 yuan (overweight price, the same below), which is the same as last week; the average price of 4-inch (3.75 mm) square tubes in Wuhan is 4890 yuan, which is the same as last week; the average price of 4-inch (3.75 mm) square tubes in Changsha is 4925 yuan; the average price of 4-inch (3.75 mm) square tubes in Guangzhou is 5513 yuan, 30 yuan higher than last week; and the average price of 4-inch (3.75 mm) square tubes in Nanning is the same as last week. The average square tube price was 5,014 yuan, which was the same as last week. The average square tube price of Haikou 4 inch (3.75 mm) was 5,587 yuan, which was the same as last week. 消息方面：
In terms of information:
In order to achieve peak reduction and downgrade of heavily polluted weather in Tangshan, the municipal heavy polluted weather response headquarters decided to start the first-level emergency response of heavily polluted weather from 0:00 on March 1, 2019 to 8:00 on March 6. In order to fight for pollution prevention and control, Xuzhou will further promote transformation and upgrading of key industries such as iron and steel and coking, and complete the transformation and upgrading of Longyuan Iron and Steel, Rongyang Iron and Steel, Chenggang Group, Haitong Special Steel and Long in 2019. Shan Foundry, Bofeng Iron and Steel, Jucheng Foundry, Niutoushan Foundry Capacity Trading and Removal of Equipment to Ensure the Retreat and Closure of Customs; Major Vehicle Accidents in Inner Mongolia Mining Industry will also cause the shutdown of production, overhaul and renovation of Xingye Mining Industry and even the whole Inner Mongolia Region; Substantive progress has been made in the seventh round of high-level economic and trade negotiations between China and the United States, and the postponement of tariff impos Good things come out one after another.
On the market side:
In recent days, the prices of the local government in the central and southern regions have been stable and relatively strong. This week, the overall concussion of snails is strong, business mentality turns better. Billet prices continue to rise, which has played a supporting role in the market. Trading in local markets has improved slightly, and merchants are more motivated to ship goods. With the increase of downstream demand, market inventory is also slowly declining. In summary, inventory is gradually digested, demand will be released effectively, cost support and environmental production restriction will continue to ferment, it is expected that the central and southern local government market prices or stable exploratory operation next week.
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