Steel Pipe Market Report June 2017

Prices for steel pipe continued to go up in China during the month, mainly boosted by low stockpiles as well as prices soar of raw materials.Asian Metal Copyright Nevertheless, the market ran as slowly as it did in May since the downstream demand remained insufficient influenced by continuous rains in the South and high temperature in the North.Asian Metal Copyright Facing environmental protection pressures, some tubing blank mills in Shandong province, the disturbing center failed to produce during the month, leading to short supply of tubing blank and thus boosted a price rise of seamless pipe.Asian Metal Copyright Facing environmental protection pressures, some tubing blank mills in Shandong province, the disturbing center failed to produce during the month, leading to short supply of tubing blank and thus boosted a price rise of seamless pipe.Asian Metal Copyright Nevertheless, the market ran as slowly as it did in May since the downstream demand remained insufficient influenced by continuous rains in the South and high temperature in the North.Asian Metal Copyright .Asian Metal Copyright Holding low stockpiles at hand, traders adopted wait-and-see attitudes towards the market outlook and were eager to lift prices.Asian Metal Copyright Facing environmental protection pressures, some tubing blank mills in Shandong province, the disturbing center failed to produce during the month, leading to short supply of tubing blank and thus boosted a price rise of seamless pipe.Asian Metal Copyright Insiders foresee a further price rise in July.

.Asian Metal Copyright Nevertheless, the market ran as slowly as it did in May since the downstream demand remained insufficient influenced by continuous rains in the South and high temperature in the NorthAsian Metal Copyright