Looking back at the domestic welded pipe market in October, prices fell from high levels, gradually returned to rationality after a retaliatory rise, and rebounded slightly from a low level at the end of the month. The theoretical profit of welded pipes hit a three-year high. However, due to the large-scale replenishment of downstream before the holiday, part of the October demand was overdrawn, so the overall transaction volume was reduced. Raw material strip steel: Taking the Tangshan market as an example, the settlement price of strip steel in North China in October was 3,490 yuan/ton, an increase of 400 yuan/ton from the settlement price in September. In the November settlement period, the current average price is 3,466 yuan/ton, and the cost continues to be high.