Chinese welded pipe market to keep dim in June
2013-06-05 14:13:30 【Print】
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The “Golden March, Silver April” of steel market has fallen through, which is a blow to domestic welded pipe traders
. Steel mills are going through a tough time and some big mills begin to burden losses due to the dim market . All participants were expecting that the market would recover in May, but prices kept going down and even reached the lowest level so far . The daily output of crude steel breaks the historical record, which puts much pressure on the steel market and also means that the steel market is hard to get rid of the oversupply in the short term . Considering the unsatisfying atmosphere of the world economy, insiders deem that the market is hard to gets warmer in June.