Welded Pipe Market Report April 2014
2014-05-05 09:18:41 【Print】
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The Chinese domestic welded pipe market was in pretty good shape at the beginning of the month but calmed down after a few days. Prices of welded pipe increased sharply in the first week of the month but began to slide after that
. The market was still performing unsatisfactorily, given that it was traditionally the peak season . Demand from downstream industries did not release significantly and the sales performance was poor . Raw material prices also witnessed an up-and-down month . Thanks to the low market stocks of welded pipe, the price did not decrease sharply . But insiders deem that the welded pipe price is likely to drop next month, dragged down by the soft demand from end users.