Welded Pipe Market Report November 2013

Chinese domestic welded pipe market was still unfavorable in the month dragged by the soft demand from downstream industries.Asian Metal Copyright But prices witnessed a slightly upward trend stimulated by the price increase of raw materials such as steel billet and HR strip.Asian Metal Copyright But prices witnessed a slightly upward trend stimulated by the price increase of raw materials such as steel billet and HR strip.Asian Metal CopyrightChinese domestic welded pipe market was still unfavorable in the month dragged by the soft demand from downstream industries.Asian Metal Copyright Influenced by the enforcement of environmental protection policy especially in North China, most participants were watching the market cautiously and reluctant to move down quotation though the demand from downstream industries was weak.Asian Metal Copyright But prices witnessed a slightly upward trend stimulated by the price increase of raw materials such as steel billet and HR strip.Asian Metal Copyright The government will reduce 8 million tons of production capacity in coming six months, so insiders deem that the price is likely to keep stable with small fluctuation in the last month of the year.
.Asian Metal Copyright The government will reduce 8 million tons of production capacity in coming six months, so insiders deem that the price is likely to keep stable with small fluctuation in the last month of the yearAsian Metal Copyright