Chinese stainless pipe market hopeless to recover within 2013
2013-04-27 14:28:15 【Print】
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The price of stainless pipe in China has been on a decreasing trend for 14 months since February, 2012, and it is still moving down at present. Producers and traders are all at loss about the coming market and none of them get profits from it. Observers are also pessimistic about the market in following months of 2013 in view of the still sharp conflict between the supply and demand, the slow economic growth both at home and abroad coupled with the soft support from the production cost.
