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Createel International Limited

Name: Createel International Limited
Address: Tianjin, CN
Telephone: +86 15602135951

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08/06/2026

[JUN 08, 2026] STEEL PIPE PRICE TREND
Favorable Factors:
1. [Raw material] Coke surging for 5th consecutive round, fundamental cost push driving prices up; steelmakers holding firm on offers as margins compressed
2. [Policy] Middle East conflict escalating; supply disruption risk supporting steelmaker pricing sentiment

Adverse Factors:
1. [Raw material] Iron ore prices weakening; port inventories high and Simandou mine ramping up shipments, undermining cost support
2. [Demand] Overseas demand recovering slowly; Southeast Asian buyers sidelined; North China pipe mill inventories at 58.7WT (+3WT WoW)
3. [Policy] EU 50% tariff effective July 1; Japan and Korea launching anti-dumping probes on Chinese steel; trade barriers multiplying

Outlook:
FOB likely to hold around $585-590 this week. Coke surge provides upward push, but weak iron ore, sluggish overseas demand, and looming EU tariff deadline cap gains. Expect sideways with slight downside bias.

01/06/2026

[JUN 01, 2026] STEEL PIPE PRICE TREND
Favorable Factors:
1. Strip steel prices steady at 3,300 CNY/MT; cost floor remains solid
2. RMB exchange rate declined to 6.71; export competitiveness improved
3. Infrastructure pipeline projects driving steady domestic demand
4. Pig iron and coke prices remain elevated; cost support intact
5. Middle East construction projects sustaining overseas inquiry levels

Adverse Factors:
1. EU 50% anti-dumping duty effective July 1; European market access limited
2. CBAM carbon compliance costs adding €75-120/ton for EU-bound shipments
3. China total steel exports down 8.3% YoY in Q1 2026; oversupply pressure
4. Hot-rolled coil inventory at Tianjin port elevated; price competition intensifying
5. Global trade protectionism rising; multiple regions imposing tariffs on Chinese steel

Outlook:
FOB Tianjin price stands at $588/MT this week, down $4 from last week. Raw material costs retreated 40 CNY/MT while RMB depreciation partially offset the decline. Cost support around $585/MT remains the key floor, but EU tariffs and trade headwinds continue to pressure export margins. Market participants watch for Q3 infrastructure spending releases for demand-side catalysts.

26/05/2026

[MAY 25, 2026] STEEL PIPE PRICE TREND
Favorable Factors:
1. Strip steel rebounded to 3,340 CNY/MT; market sentiment improved after recent dip
2. Government special bond issuance ongoing; 800B CNY fiscal support sustained in Q2
3. Infrastructure projects steady in Middle East and Africa; pipeline demand firm
4. Positive signals from US-China trade talks; export sentiment could benefit
5. Iron ore and coke prices stabilizing; cost floor support holding

Adverse Factors:
1. Strip steel still down 40 CNY from last week; cost pressure persists
2. EU tariff policy remains restrictive; 50% surcharge on over-quota from July 1
3. CBAM compliance costs rising; carbon certificates required for EU exports
4. Downstream buyers cautious at current price levels; sales volume weak
5. Southern China entering peak rainy season; construction activity to slow

Outlook:
ERW pipe FOB prices expected around $585-590/MT this week. Raw material costs remain volatile but above 3,300 CNY support level. Government infrastructure spending and pipeline projects provide demand base. However, lingering cost easing, cautious buyer sentiment, and seasonal headwinds suggest limited upside. Focus on Middle East and Africa markets where demand is steadier.

11/05/2026

[MAY 11, 2026] STEEL PIPE PRICE TREND
Favorable Factors:
1. Strip steel prices up to 3,395 CNY/MT; cost support strengthening
2. China export orders index returned to expansion at 50.3% in April
3. Middle East supply gap from Iran disruption boosting pipe demand
4. May HRC export plans up 23% MoM to 1.14M MT
5. SE Asia and Africa demand remains firm for ERW pipe

Adverse Factors:
1. EU new steel measure: 50% tariff on over-quota imports from July 1
2. CBAM fully operational; carbon compliance costs rising
3. 19 anti-dumping cases against Chinese steel under investigation
4. Jan-Apr cumulative steel exports down 9.7% YoY
5. Hot-rolled coil inventory still high; destocking pressure persists

Outlook:
ERW pipe FOB prices to hold steady at $599/MT with slight upward bias. Cost support at 3,395 CNY. Export orders and Middle East demand provide momentum; EU barriers and anti-dumping pressure cap upside. Focus on emerging markets for volume growth.

05/05/2026

[MAY 05, 2026] STEEL PIPE PRICE TREND

Favorable Factors:
1. Tangshan strip steel prices hold at CNY 3,270-3,300/MT; cost floor support for ERW pipes
2. Steel mills maintaining disciplined production; blast furnace utilization steady around 83%
3. RMB/USD rate stable at 6.82-6.83; slight appreciation benefits export pricing
4. SE Asia demand solid; Philippines and Thailand imports grew 12-14% YoY in Q1
5. Government infrastructure projects support mid-term steel demand outlook

Adverse Factors:
1. China export license requirement for steel pipes since Jan 2026; added compliance burden
2. EU CBAM fully operational; carbon certificates around EUR 75/t CO2 add cost
3. Q1 China steel exports down 9.9% YoY; competitive pressure intensifying
4. Property sector weakness continues; new starts down over 17% YoY
5. High hot-rolled coil inventory; south China rainy season starting

Outlook:
ERW pipe prices expected to remain stable with mild downside risk. Strip costs anchor the market, but demand recovery remains weak. Focus on SE Asia and Africa orders; EU market largely blocked under CBAM and quota constraints.

27/04/2026

[APRIL 27, 2026] STEEL PIPE PRICE TREND

Favorable Factors:
1. Strip steel prices hold at 3,285 CNY/MT; Tangshan steel mills maintain prices stable
2. Seasonal peak demand continues (Mar-Apr); social inventory drawdown for 6th consecutive week
3. SE Asia and West Africa demand rising rapidly; new market share expanding
4. Policy support: National pipeline network construction drives long-term demand
5. X70+ high-grade ERW pipe pe*******on rising in gas transmission pipelines

Adverse Factors:
1. EU 2026 steel quota reduced 47% vs 2024; 50% tariff on over-quota imports (effective Apr 13)
2. EU CBAM fully operational from 2026; carbon certificate price EUR 75.36/t CO2 (Q1 2026)
3. China carbon market not recognized for CBAM deduction; full carbon cost to apply
4. Mexico, EAEU maintain AD duties on Chinese seamless pipes
5. Hot-rolled coil inventory at high levels; destocking pressure persists

Outlook:
Apr 27 - May 1: China USD FOB ERW pipe prices to hold steady with slight upward bias. Strip steel cost provides floor support at 3,285 CNY. Southeast Asia and West Africa demand accelerates. Focus on emerging markets for volume growth while monitoring EU quota utilization.

20/04/2026

[APRIL 20, 2026] STEEL PIPE PRICE TREND

Favorable Factors:
1. Strip steel prices rise to 3,240 CNY/MT; cost support strengthens (+20 CNY from last week)
2. Seasonal peak season (Mar-Apr) accelerates demand; inventory drawdown continues
3. SE Asia and West Africa demand rising rapidly; new market share expanding
4. Policy stimulus: 8,000B CNY special bonds for infrastructure drives pipe demand

Adverse Factors:
1. EU 2026 steel quota reduced 47% vs 2024 levels; 50% tariff on over-quota imports (effective Apr 13)
2. EU CBAM fully operational in 2026; carbon compliance adds cost burden
3. Hot-rolled coil inventory at high levels; destocking pressure persists
4. Middle East market stagnation continues; traditional buyers on hold
5. Global trade barriers rising; Mexico, EAEU maintain AD duties on Chinese pipes

Outlook:
Apr 20-24: China USD FOB ERW pipe prices to hold firm with mild upward tendency. Strip steel cost increase supports floor price, while improving SE Asia/West Africa demand provides lift. EU market remains challenging due to quota constraints. Focus on Southeast Asia and Africa for volume growth.

13/04/2026

[APRIL 13, 2026] STEEL PIPE PRICE TREND

Favorable Factors:
- Mills limit production, supply support strengthens
- Export orders pick up, demand recovers slightly
- Iron ore stabilizes, cost support evident
- Spring construction season begins
- RMB depreciation improves export competitiveness

Adverse Factors:
- Real estate weak, long-term pressure persists
- Trade friction adds uncertainty
- High mill inventories, destocking pressure
- Shipping rates fluctuate
- Tight downstream cash flow

Outlook:
Strip steel prices edged up with solid cost support. Short-term outlook suggests prices likely to maintain upward trend. Monitor downstream demand and export orders.

06/04/2026

[APRIL 06, 2026] STEEL PIPE PRICE TREND
Favorable Factors:

1. Falling steel stocks, very low supply pressure

2. Seasonal demand up, steady exports, better market mood

3. Limited steel output growth, raw costs lock in a price floor

Adverse Factors:

1. Peak demand misses expectations, weak real estate drags demand

2. Mills overproduce, growing inventory pressure ahead

3. Weaker raw cost support: coke hikes stalled, iron ore down

4. Global tensions & economic unknowns keep market cautious, overcapacity limits gains

Outlook:

Apr 6-10: China’s USD FOB steel pipe prices will swing in a tight range with a mild soft bias. Costs and falling stocks prop up prices, while overproduction, weaker cost support and risks block big gains.

30/03/2026

[MARCH 30, 2026] STEEL PIPE PRICE TREND
Favorable Factors:
1. Raw material cost supports steel prices; overall inventory destocking
2. Steady domestic economic recovery, seasonal demand rebound
3. Limited market supply pressure

Adverse Factors:
1. Insufficient consumption elasticity for key varieties, plate consumption down
2. Rising steel production capacity, potential pressure on destocking
3. Geopolitical risks and Fed policy weigh on market; coke price hike blocked
4. Industry overcapacity, weakening raw material cost support

Outlook:
Chinese FOB steel pipe prices in USD are expected to fluctuate narrowly this week (Mar 30 - Apr 3), with cost and demand supporting prices and production/geopolitics capping upward space.

Address

Tianjin

Telephone

+86 15602135951

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