Although the price of cold-drawn seamless steel pipe and smelting raw materials has increased greatly, there is still a certain gap from their historical highs. For example, the tonnage price of high-grade imported iron ore once approached 200 US dollars, and the tonnage price of domestic cold-drawn seamless steel pipe once reached 4000 RMB. Therefore, it can be said that the price of cold-drawn seamless steel pipe and black series commodities is still a reasonable regression of the low price in the early stage. It is in this sense that we have seen the price of cold-drawn seamless steel tubes and black series commodities, there is still a historical space for cyclical rise. Towards the end of recent years, it is normal that the price of cold-drawn seamless steel pipes in China will come back after a sharp rise. If the price of the cold-drawn seamless steel tube is adjusted more sharply and the falling time is longer, it will provide more room for the price of the cold-drawn seamless steel tube in the new year, which will make the price of the cold-drawn seamless steel tube more likely to see a higher price in 2017.
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