In July 2024, my country's steel exports still maintained a growth trend. According to statistics from the General Administration of Customs of the People's Republic of China, in terms of exports, in July 2024, my country exported 7.827 million tons of steel, an increase of 7.1%year-on-year; from January to July, my country exported 612.27 million tons, an increase of 21.8%year-on-year. In terms of import, in July, my country imported 505,000 tons, a decrease of 25.5%year-on-year; from January to July, my country imported 4.122 million tons, a year-on-year decrease of 6.7%.

Figure January Steel import and export trend

1.my country's seamless pipe export volume decreased by 20.34% month -on -monthThe latest statistics of the customs show that in July, the seamless pipe exports in my country were 413,100 tons, and the monthly ring fell by 20.34%, a year-on-year decrease of 7.91%; from January to July, the cumulative export of seamless pipes in my country was 30.967 million tons, a year-on-year decrease of 10.14%. In July, my country's seamless pipes imported 10,300 tons, with a monthly ring increase of 32.05%, an increase of 4.04%year-on-year; from January to July, my country ’s cumulative imports of seamless pipes were 68,000 tons, an increase of 8.6%year-on-year.

Figure 2 2022-2024 seamless pipe export volume

From the perspective of the variety, it is not named non -cold or cold -rolled iron or ordinary steel seamless circular cross section pipes, other steel oil natural gas pipeline pipe pipes and yield strengths greater than equal to 552 MPa, but other steel drilling oil with less than 758 MPa The seamless sleeve and catheter are always maintained in the export varieties, which are always the top three, respectively, 84014.601 tons, 56664.638 tons, and 52493.618 tons.

Figure 3 July of the top five varieties of seamless pipe exports

From the perspective of regions, the top two areas of seamless pipes are Indonesia and the UAE, accounting for 9.18%and 8.12%of the total imports of the month. It can be seen that the first two exports are not much different. Compared Slightly reduced. In July, the main flows of seamless pipes in my country were Indonesia, the UAE, Algeria, Turkey, and Thailand in turn. The monthly export volume was 43.59%. It can be seen that the exporter of the seamless pipe exports this month has become significantly obvious. The demand in the Americas has declined.

2. Brief analysis of external influencing factors

The uncertain factors of the global economy have continued to increase, geopolitical conflicts, international commodity prices have risen, high inflation, industrial chain and supply chain are facing adjustment and reconstruction, and global trade continues to undergo pressure. However, in the context of global demand shrinkage, the export volume of Chinese steel pipes has continued to grow beyond expected since 2022. The reason: First, the high -level operation of international crude oil prices stimulate the desire to invest in oil mining companies, which greatly increases the demand for oil wells and pipeline pipelines in the international market; second, the inflation of developed countries in the United States and Europe continues to raise interest rates And maintain a low position to increase the enthusiasm of enterprise exports; third, due to the low export base of my country's steel pipes in the first half of last year, some contracts continued this year in the second half of the year. Factors such as the recent depreciation of the RMB have enhanced the export competitiveness of Chinese steel and steel products to a certain extent.

3. August, my country's steel pipe exports may increase a slight increase

Taken together, from January to July 2024, the export volume of seamless pipes was relatively inferior, and the overall export volume fell slightly year-on-year. The export volume of seamless pipes in July showed a decrease. In the contraction range, the United States frequently creates trade frictions, and trade protectionism is serious, but the seamless pipes in my country have been favored by the international market with the strong quality and low price, which has continued to expand its market price. The heat reduction heat is heating up. Once the Fed determines the interest rate cut, it will facilitate the export of seamless pipes, and it is currently entering the peak season. In summary, it is expected that the seamless pipe export volume in my country may rise slightly in August.