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Since the end of the Spring Festival holidays, the futures prices of threaded steel have shown a trend of rising and falling. After the fifteenth day of the first lunar month, downstream construction sites will start one after another, which will provide a certain degree of support for the demand for steel after the Spring Festival. In addition, the stocks of welded pipes and square pipes before joints did not accumulate significantly. The policy effect of national vigorous underpinning infrastructure construction is also gradually showing. It is reported that the planned new special debt model will reach 2.15 trillion yuan in 2019, a substantial increase over last year. At the same time, the issuance of local bonds accelerated in January. All these will provide considerable support for the recovery of infrastructure investment. 渚涚粰鏂归潰锛屽綋鍓嶄骇閲忛�勬湡浠嶅皢淇濇寔楂樹綅锛屽洜姝ゅ湪闇�姹傜湡绌烘湡锛屽簱瀛樹粛灏嗗憟鐜板姞閫熺疮璁＄姸鎬併�備絾鏄�棰勮�″緟鍒板�嶅伐鏃堕渶姹傚皢鏈夎緝濂借〃鐜般�傚彈鍥藉�舵斂绛栧拰璧勯噾鎸佺画 鍙戝姏鐨勬敮鎸侊紝鍩哄缓鎶曡祫澧為�熷皢淇濇寔鐜�姣斿�為暱銆傝繎鏈熼挗鏉愬彈闇�姹備笉鏄庣‘鍜屽簱瀛樺揩閫熺疮绉�鐨勫奖鍝嶈嚜楂樹綅鍥炶皟锛屼絾鏄�棰勮�＄瓑鍒版�ｆ湀鍗佷簲澶嶅伐闇�姹傞�愭�ラ噴鏀惧悗锛岄挗閾佷环鏍煎皢閲� 鍥炲崌鍔裤�傚洜姝わ紝鐭�鏈熶笉瀹滆繃鍒嗘偛瑙傘��
On the supply side, the current output is expected to remain high, so in the demand vacuum period, inventory will still show an accelerated cumulative state. However, it is expected that demand will perform better by the time of resumption. Supported by the sustained development of national policies and funds, the growth rate of infrastructure investment will maintain a ring-on-ring growth. Recently, steel prices have been pulled back from a high level due to uncertain demand and rapid accumulation of inventory, but it is expected that steel prices will rebound after the resumption of demand on January 15. Therefore, the short-term should not be overly pessimistic.

浠锋牸鏂归潰锛氭埅鑷冲彂绋匡紝閮戝窞鐜版湰鍦板弸鍙戞柊鍥芥爣浜�4瀵�(3.75)浠锋牸4900鍏�/鍚�锛屽悰璇氭柊鍥芥爣浜�4瀵�(3.75mm)浠锋牸涓�4880鍏�/鍚�锛屽ぉ铏�(姝ｅぇ)浜�4瀵�(3.75mm)浠锋牸涓�4890鍏�/鍚ㄣ��
Price: Up to submission, Zhengzhou now has a 4-inch (3.75) national standard production price of 4,900 yuan/ton, Juncheng's 4-inch (3.75 mm) national standard production price of 4,880 yuan/ton, and Tianhong's 4-inch (3.75 mm) production price of 4,890 yuan/ton.