API 5L X60 PSL2 steel prices continue to rise in China

Since the beginning of this year, the demand for API 5L X60 PSL2 and so on steel has remained high, and the price has soared all the way. According to the data released by the National Bureau of statistics, in the first ten days of April 2021, compared with the last ten days of March, the market prices of 50 kinds of important means of production in the circulation field of the whole country increased, and the prices of 27 kinds of products increased, among which steel increased the most obviously.

In March, the domestic market demand was strong, API 5L X60 PSL2 steel prices fluctuated upward, and the increase was larger than that of last month. Since April, API 5L X60 PSL2 steel prices have increased first and then decreased, and the overall upward trend continues to fluctuate.