镀锌方管价格涨势放缓。自18日晚间中美双方高层通话预示中美贸易战见缓，加上欧洲央行率先暗 示降息，带动期货市场再度大涨，但钢市现货与期盘的狂欢相比显得谨慎许多，且整体改善有限。今晨，河北主流管厂出厂报价继续上调，但随着成交偏弱，午前瑞 丰带钢报稳，管厂涨势渐缓。现河北主流管厂镀锌方管4寸(3.75mm)出厂报价在4000-4290元，镀锌管4寸(3.75mm)出厂报价 5000-5200元，普遍比昨日上调20元，个别镀锌管价格暂稳。目前市场情绪依然悲观，多数人认为带钢结算价出台以后行情仍有下行可能，因此整体操作 较淡观望为主。从近日的表现来看，短期供需矛盾依然严峻，镀锌方管价格将继续弱势盘整。

The price rise of galvanized square tubes has slowed down. Since the evening of 18, high-level telephone calls between China and the United States indicated that the trade war between China and the United States had slowed down, and the European Central Bank took the lead in hinting at interest rate cuts, which led to a further boom in the futures market. However, the spot market in the steel market was much more cautious than the carnival in the futures market, and the overall improvement was limited. This morning, the ex-factory quotation of Hebei Mainstream Pipe Factory continued to rise, but with the weak turnover, the Ruifeng strip steel reported steady before noon, and the rising trend of the Pipe Factory gradually slowed down. At present, Hebei Mainstream Pipe Factory offers 4-inch galvanized square tubes (3.75mm) at 4000-4290 yuan, 4-inch galvanized tubes (3.75mm) at 5000-5200 yuan, generally 20 yuan higher than yesterday, while the prices of individual galvanized tubes are temporarily stable. At present, the market sentiment is still pessimistic, most people think that after the introduction of the settlement price of strip steel, the market still has the possibility of downward trend, so the overall operation is less wait-and-see. From the recent performance, the short-term supply and demand contradiction is still serious, galvanized square tube prices will continue to be weak consolidation.

方管价格方面：国内重点城市4寸(3.75mm)镀锌方管的平均价格为4209元，比昨日价格上涨 4元，中心城市报价中除唐山、天津各上调20元外，其他中心城市报价暂与昨日持平。

Price: The average price of 4 inch (3.75mm) galvanized square tubes in key cities in China is 4209 yuan, which is 4 yuan higher than yesterday's price. In addition to the 20 yuan increase in Tangshan and Tianjin, the price of other central cities is still the same as yesterday's.