Although the inventory of seamless steel pipes continues to increase

The price of seamless steel pipes is also in the process of a slight increase; Baosteel, Wuhan Iron and Steel and other steel mills have raised their factory prices in March, indicating that their expectations for the future are still good. This is also one of the reasons why sheet metal has been significantly stronger than construction steel in recent times. In addition, the funding situation is also starting to improve. Although lending from banks has decreased compared to the same period last year, the scale of social financing has increased both year-on-year and month on month, which will help improve the steel market in the spring.