Monthly Steel Pipe Market Report Oct 2018

1. Market Highlights

Prices for steel pipe declined both in China and in other Asian countries during the month, dragged by the dim market. Though prices for raw materials such as iron ore, coke and steel scrap kept rising, they failed to boost those for steel pipe to go up.Asian Metal Copyright Market Highlights Prices for steel pipe declined both in China and in other Asian countries during the month, dragged by the dim market.Asian Metal Copyright The rigid demand from downstream industries remained weak and showed no signs of improving restricted by the gloomy economy.Asian Metal Copyright Market Highlights Prices for steel pipe declined both in China and in other Asian countries during the month, dragged by the dim market.Asian Metal Copyright Besides, end users were cautious about placing large orders and only purchased according to urgent needs seeing the downward price trend.Asian Metal Copyright Though prices for raw materials such as iron ore, coke and steel scrap kept rising, they failed to boost those for steel pipe to go up.Asian Metal Copyright In the meantime, significant prices decreases in the steel futures market weakened spot market participants' confidence in the market prospect.Asian Metal Copyright In the meantime, significant prices decreases in the steel futures market weakened spot market participants' confidence in the market prospect.Asian Metal Copyright Insiders think the price for steel pipe is likely to go down further in November.

.Asian Metal Copyright Market Highlights Prices for steel pipe declined both in China and in other Asian countries during the month, dragged by the dim marketAsian Metal Copyright