Welded Pipe Market Report October 2013
2013-11-04 09:05:42 【Print】
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Chinese domestic welded pipe market was unsatisfying this month and prices decreased slightly in most leading markets
. The demand from downstream industries was weak, while the output of welded pipe witnessed an upward trend in recent three months . Though October is the traditional peak season for the consumption of steel products in China, the price was hard to increase in the past month . While, the Third Plenary Session will be convened next month, and participants are optimistic about the market and willing to lift quotations of welded pipe . Insiders deem that the price will go up slightly next month if there are positive policies, but the market can not improve much and will be worse at the end of November.