Steel Pipe Market Report January 2017

Prices for steel pipe ran on differing trends during the month, but mostly showed a downward tendency, dragged down by the poor market performance, as well as the frequent fluctuations in raw material prices.Asian Metal Copyright .Asian Metal Copyright As one by one construction projects ground to a halt from the beginning of the month, demand from downstream industries shrank noticeably, leading to a slow market.Asian Metal Copyright .Asian Metal Copyright Meanwhile, mills saw production slow, influenced by falling prices and insufficient orders, and most of them suspended operations in advance.Asian Metal Copyright In the meantime, not entirely confident about the market outlook, traders refused to expand their inventories before the Spring Festival as they had done in past years.Asian Metal Copyright In the meantime, not entirely confident about the market outlook, traders refused to expand their inventories before the Spring Festival as they had done in past years.Asian Metal Copyright Meanwhile, mills saw production slow, influenced by falling prices and insufficient orders, and most of them suspended operations in advance.Asian Metal Copyright Insiders foresee a slight price decline in February.

.Asian Metal Copyright Meanwhile, mills saw production slow, influenced by falling prices and insufficient orders, and most of them suspended operations in advanceAsian Metal Copyright