Seamless Pipe Market Report March 2015

Seamless pipe prices in most Chinese cities demonstrated a downward trend this month. The seamless pipe market performance failed to improve during March as the downstream oil industry remained sluggish.Asian Metal CopyrightSeamless pipe prices in most Chinese cities demonstrated a downward trend this month.Asian Metal Copyright However, April is traditionally considered to be the peak season for the steel industry, and prices for some major flat steel products showed signs of rebounding at the end of this month.Asian Metal Copyright The seamless pipe market performance failed to improve during March as the downstream oil industry remained sluggish.Asian Metal Copyright Therefore, insiders believe that seamless pipe prices are likely to increase slightly during the next month.