Steel Pipe Market Report November 2016

Prices for steel pipe kept going up during the month, boosted by soaring raw materials’ prices as well as the short supply.Asian Metal Copyright .Asian Metal Copyright Influenced by the environmental supervision, steel pipe producers failed to operate fully and thus the deliveries to the market were reduced.Asian Metal Copyright .Asian Metal Copyright Holding low stockpiles at hand, traders were eager to move up prices, despite the poor sales performance.Asian Metal Copyright Considering prices for raw materials showed an upward trend, insiders foresee a further increase of steel pipe in December.Asian Metal Copyright The downstream demand in Northeast China shrunk obviously since most outside projects were halted since Mid-November due to the cold weather, and the demand in other regions was also insufficient as the unreasonably high price heightened end users’ cautious attitudes and they just purchased according to urgent needs.Asian Metal Copyright The downstream demand in Northeast China shrunk obviously since most outside projects were halted since Mid-November due to the cold weather, and the demand in other regions was also insufficient as the unreasonably high price heightened end users’ cautious attitudes and they just purchased according to urgent needs.Asian Metal Copyright Considering prices for raw materials showed an upward trend, insiders foresee a further increase of steel pipe in December.

.Asian Metal Copyright Holding low stockpiles at hand, traders were eager to move up prices, despite the poor sales performanceAsian Metal Copyright