Recently, my country's steel pipe export quotations have fallen. Compared with the prices of other major exporting countries, my country's steel pipe export price advantage has increased. For example, as of November 5, 2024, China's hot-rolled coil export quotation (FOB) was US$497/ton, which is lower than the export quotations of India, Turkey, CIS and other countries. This price advantage will provide certain support for my country's steel pipe exports in the future.