18/05/2026
TUSPIPE | Weekly Steel Insight | May 18, 2026
The steel market showed a cautious but stable trend last week. Chinese rebar prices slightly increased, while steel inventories continued declining at a faster pace. Demand improved in the short term, but the market still lacks strong momentum for a major price increase.
TUSPIPE expects steel prices to remain stable with small fluctuations in the near future. As summer approaches, downstream construction demand may gradually slow down, while steel mill production continues recovering. This creates a balanced market with limited upside and downside pressure.
For buyers planning projects in Q3 and Q4, now may be one of the better times to secure orders. Current pricing remains relatively stable, and Chinese mills still maintain flexible export schedules and steady production capacity.
TUSPIPE continues supporting customers worldwide with reliable carbon steel pipes, structural pipes, and customized steel solutions.