Welded Pipe Market Report January 2015

The Chinese welded pipe market showed no signs of improvement in January, with prices on a downward trend. With February’s Spring Festival not far off, most traders were eager to sell goods as soon as possible.Asian Metal CopyrightThe Chinese welded pipe market showed no signs of improvement in January, with prices on a downward trend.Asian Metal Copyright Although demand from downstream industries will in general be released after the Spring Festival, most traders still hold a pessimistic attitude regarding forthcoming market trends.Asian Metal Copyright Although demand from downstream industries will in general be released after the Spring Festival, most traders still hold a pessimistic attitude regarding forthcoming market trends.Asian Metal Copyright Insiders predict the price of welded pipe is likely to decrease slightly next month.