國內方管弱勢下跌，今日唐山小窄帶價格開盤較昨持穩(wěn)，主流報3700元/噸，周末鋼坯價格累降40，小窄帶并未跟跌，廠家多挺價出貨，今日 期貨開盤跳水，加之成本端本就下調，下游用戶多觀望為主，小窄帶廠家為求出貨，紛紛盤中下調20，降后出現(xiàn)好轉，但整體依然以弱為主；唐山355方管主流 較昨降20，中寬帶較昨降30，現(xiàn)貨市場報價較上周五降50左右，周末中美貿易戰(zhàn)再次升級，加上成品材及原料市場表現(xiàn)弱勢，因此今日期貨開盤直接跳水，嚴重打壓市場信息，下游情緒萎靡不振，拿貨意愿不強。目前貿易商多隨行就市，以出貨為主，但下游并不買賬，整體市場成交不盡人意，下游多看空情緒，加之月底 方管結算，貿易商資金壓力較大，因此市場出貨并不順暢。華東華南地區(qū)今日方管價格多弱勢下行為主，今日華北地區(qū)主導鋼廠都下調20-30，且宏觀大環(huán)境利 空市場，下游需求并未得到更好地釋放，周末鋼坯下行且今日成交表現(xiàn)不佳，底部支撐力度較弱，貿易商心態(tài)面多悲觀，下游拿貨意愿普遍不高，市場交投氛圍整體 疲軟，存在為促成交暗降出貨操作。目前雖部分資源有到貨，但依舊處于供需弱平衡狀態(tài)。因此預計明日國內方管價格或將弱勢運行為主。

Domestic management weakness declined, today Tangshan small narrow band price opening was more stable than yesterday, the mainstream reported 3700 yuan/ton, weekend billet prices fell by 40, small narrow band did not follow the decline, manufacturers bid more, today's futures opening dived, coupled with lower cost, downstream users wait and see more, small narrow band manufacturers for delivery, one after another. The main stream of Tangshan 355 party managers fell 20% from yesterday, broadband dropped 30% from yesterday, spot market quotations fell 50% from last Friday, the weekend Sino-US trade war escalated again, and the performance of finished materials and raw materials market was weak, so futures market today started to dive directly. The market information is suppressed, the downstream mood is depressed, and the willingness to take goods is not strong. At present, traders mostly follow the market, mainly to ship, but downstream does not buy, the overall market turnover is unsatisfactory, downstream bullish mood, coupled with the end of the month to manage settlement, traders have greater financial pressure, so market shipment is not smooth. The price of square steel in East and South China is mostly weaker today. The leading steelmakers in North China are all down 20-30 today, and the macro environment is bad. The downstream demand has not been better released. The billet is down on weekends and trading performance is not good today. The bottom support is weak. Traders are pessimistic and downstream take. Generally, the willingness to deliver goods is not high, and the overall market trading atmosphere is weak. There is an operation of secretly lowering delivery to facilitate delivery. At present, although some resources have arrived, they are still in a weak balance between supply and demand. Therefore, it is expected that the domestic government will mainly control the price or weaken the operation tomorrow. 方管價格方面 ：唐山熱軋方管(2.5*355mm)唐山瑞豐3700較昨降20；天津熱軋方管 4.0*(480-570)天津榮鋼送到大邱莊價3765較上周五降40；無錫熱軋方管（2.5*355mm）中天3860較上周五跌10，萊蕪熱軋方管 2.5*（232-355）萊鋼3760較上周五降30，唐山熱軋小窄帶報3680較昨降20。

On square pipe price: Tangshan hot-rolled square pipe (2.5*355mm) Tangshan Ruifeng 3700 was 20% lower than yesterday; Tianjin hot-rolled square pipe 4.0* (480-570) Tianjin Ronggang delivered to Daqiu Zhuang 3765 was 40% lower than last Friday; Wuxi hot-rolled square pipe (2.5*355mm) Zhongtian 3860 was 10% lower than last Friday; Laiwu hot-rolled square pipe 2.5* (232-355) Laiwu hot-rolled square pipe 3760 was 30% lower than last Friday, Tang The hot rolled small narrow strip is reported at 3680, which is 20% lower than that of yesterday.