The bull market of Carbon Steel Pipes continued in the first half of this year, and the national economy maintained a high level for eight consecutive quarters. This year's GDP continued to rise in every quarter since 2019, which fully shows that China's economic growth has fared well to the decline that has lasted for many years and will stabilize at the stage of medium-high-speed growth.
It is believed that the supply-side structural reform Carbon Steel Pipes will be further implemented in the second half of the year, the innovation-driven development strategy will be accelerated, the positive changes in the national economic operation will continue to increase, and the steady and positive development trend will be further consolidated and expanded, including environmental protection supervision, capacity reduction, tax reduction and burden reduction. The macro-fundamentals will continue to support and continue the hard-won "Carbon Steel Pipes".
The market will continue to look forward to the situation of Astm a53b 20# Seamless Carbon Steel Pipe market in China in the second half of the year. It is expected that infrastructure investment will continue to play an important role in fixed assets investment and economic growth. In April, the construction industry business activity index reached a new high, which means that the capital investment in the second half of the year is expected to maintain a high level, and even further accelerate, so as to ensure that the overall fixed assets investment will not stall. Especially many basic fixed assets investment projects have entered the stage of cement irrigation and main construction, which makes the construction industry index continue to rise, thus boosting the demand for Seamless Carbon Steel Pipe in the second half of the year, especially for Seamless Carbon Steel Pipe and other stainless steel consumption. In the second half of the year, business activities in China's construction industry tend to be active, which can also be evidenced by the strong growth of sales of various types of construction machinery.
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