In the product ERW Steel Pipe, the ERW is Electric Resistance Welded. ERW steel pipe is a type of pipe made from rolled steel sheets or coils which are then welded longitudinally along its length using the electric resistance welding process. In this process, the edges of the steel sheets or coils are heated and fused together under pressure to form the pipe.
As of March 25th, the total urban inventory of steel across the nation stands at 13.4645 million tons, showing a week-on-week decrease of 0.3335 million tons (-2.42%) in comparable caliber.
In the first two months of the 2024, the domestic steel market witnessed a relatively relaxed supply-demand landscape, with prices showing a tendency towards weakness.
In the early hours of the 21st, transactions for steel billets for direct delivery were generally acceptable, with warehouse spot prices hovering around 3460C. Downstream product quotations remained stable as market participants kept a close eye on futures trends and transactions.
Steel mills have raised their offers for domestic sales and exports. At the same time, overseas leading steel mills have seen a wide range of increases in steel plate quotations,
It’s easy to understand the steel or steel pipe price is calculated by the actual weight, and for some fixed size, the weight is related to the thickness of the pipes or coils. And for most the steel pipe or steel coils production, there will be tolerance, which means the final thickness or weight may be a bit difference than the original calculation as the final thickness changed a bit due to the tolerance. There is tolerance for the raw steel coils, and for the steel pipe factory production, they also have the tolerance as per standard.
COMPANY：DONG PENG BO DA(TIANJIN) INDUSTRIAL CO.,LTD.
Contact：Mr. Chelin Liu
Phone：+86-13920881491
Email：chelinliu@gmail.com chelinliu@126.com
Add：No.2208, Meiyuan Road 5, Nankai District, Tianjin, China.