本周南京镀锌方管市场价格上涨，整体成交有所好转。本周初起，期货、原料等上游市场价格缓慢上涨，整周处于震荡上行运行状态。 与上周相比，本周期货延续上周回涨态势，因此原材料市场价格也稳中上行。从南京部分方管厂家了解到，当地镀锌方管价格随行情上涨，市场需求好转，整体出货顺 畅。方管价格方面，截至9月6日，南京市场焊管：京华产4寸(3.75mm)价格为4200元；镀锌方管：友发新国标4寸 (3.5mm)镀锌方管价格为4930元，正金元、君诚产4寸(3.75mm)镀锌方管价格均为4840元，正大产4寸(3.75mm)镀锌方管价格4650 元，比上周同期上涨200元。

Nanjing galvanized square pipe market prices rose this week, the overall turnover improved. From the beginning of this week, prices of futures, raw materials and other upstream markets have risen slowly, and they have been in a state of upstream volatility for the whole week. Compared with last week, this week's futures continued last week's rally, so raw material market prices also steadily rose. From some traders in Nanjing, we know that the local galvanized square tube prices have risen with the market, the market demand has improved, and the overall shipment is smooth. As for square pipe price, as of September 6, welded pipe in Nanjing market: Jinghua 4 inch (3.75mm) price is 4200 yuan; Galvanized square pipe: Youfa 4 inch (3.5mm) galvanized square pipe price is 4930 yuan, Juncheng 4 inch (3.75mm) galvanized square pipe price is 4840 yuan, and large-scale 4 inch (3.75mm) galvanized square pipe price is 4650 yuan, compared with last week. During the same period, it rose 200 yuan. 原料方面：唐山普碳150方坯报价3380元，比上周同期上涨80元；现唐山瑞丰产355mm系列带钢出厂价格为3680元，比上周同期上涨40元。

Raw materials: Tangshan Pucarbon 150 billet quoted 3380 yuan, 80 yuan higher than the same period last week; Tangshan Ruifeng 355mm series strip steel ex-factory price is 3680 yuan, 40 yuan higher than the same period last week.

管厂方面：现唐山友发产新国标4寸(3.75mm)焊管过磅含税价3990元，比上周同期上涨70元；唐山京华产4寸(3.75mm)焊管过磅含 税价3980元，比上周同期上涨60元；镀锌方管：唐山友发产新国标4寸(3.75mm)镀锌方管过磅含税价5340元，比上周同期上涨50元；唐山京华产4 寸(3.75mm)镀锌方管过磅含税价5410元，比上周同期上涨70。

Pipe factory: Tangshan Youfa produces new 4-inch (3.75mm) welded pipe with tax price of 3990 yuan, up 70 yuan from the same period last week; Tangshan Jinghua produces 4-inch (3.75mm) welded pipe with tax price of 3980 yuan, up 60 yuan from the same period last week; Galvanized square pipe: Tangshan Youfa produces 4-inch (3.75mm) galvanized square pipe with tax price of 5340 yuan, up from last week. The same period rose 50 yuan; Tangshan Jinghua's 4-inch (3.75 mm) galvanized square pipe weighing contains a tax price of 5410 yuan, up 70 yuan over the same period last week.

近期宏观消息方面国常会发布的全面降准，提前下放地方债券等信息，为后市带来利好消息，对于市场心态有一定积极带动作用。本周期货方面震荡上行， 整体市场情绪有所好转。上游原材料市场，方坯带钢均有一定幅度回涨。周中南京镀锌方管价格开始上涨，出货有所好转，近几日更是连续上涨，累涨200。当地市 场价格大幅上涨，一部分源于市场需求的好转，另外是由于目前当地货源较紧张，一定程度上拉涨价格。心态方面，方管厂家心态好转，但后市不确定因素仍然较多，贸 易商保持观望情绪，操作谨慎。库存方面，本周降速稍有加快，仍保持按需补货。整体来看，目前钢材市场弱势运行，短期内将以震荡为主，预计下周南京镀锌方管市场将暂稳观望运行为主。

In the recent macro news, China's regular meeting issued a comprehensive reduction, early decentralization of local bonds and other information, which brings good news for the future market, and has a certain positive role in driving the market mentality. Futures market sentiment has improved this week as a result of the upswing volatility. Upstream raw material market, billet strip steel has a certain extent of rebound. The price of galvanized square tubes in Nanjing began to rise in mid-week, and shipments improved. In recent days, it has been rising continuously, with a cumulative increase of 200. Local market prices have risen sharply, partly due to the improvement of market demand, and partly due to the current shortage of local supply, which has pushed up prices to a certain extent. In terms of mentality, the manufacturers'mentality has improved, but there are still many uncertainties in the future market. Traders maintain a wait-and-see mood and operate cautiously. Inventory, this week's slowdown slightly accelerated, but still maintain on-demand replenishment. Overall, the current weak operation of the steel market will be dominated by shocks in the short term. It is expected that the galvanized square pipe market in Nanjing will be temporarily stable and wait-and-see operation next week.