Seamless Pipe Market Report September 2014
2014-10-08 09:32:33 【Print】
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Impacted by the ongoing sharp decline in raw material prices, seamless pipe prices in China likewise showed a downward trend during the month, with a markdown of around RMB100-150/t (USD16-24/t)
. In the meantime, the market performance remained unsatisfactory and the so-called “Golden September” became a bubble . To avoid potential risks, most traders reduced stocks to within safety levels . Insiders believe the seamless pipe price is likely to continue decreasing in October.