Welded Pipe Market Report April 2014

The Chinese domestic welded pipe market was in pretty good shape at the beginning of the month but calmed down after a few days. Prices of welded pipe increased sharply in the first week of the month but began to slide after that.Asian Metal Copyright Thanks to the low market stocks of welded pipe, the price did not decrease sharply.Asian Metal Copyright The market was still performing unsatisfactorily, given that it was traditionally the peak season.Asian Metal Copyright Demand from downstream industries did not release significantly and the sales performance was poor.Asian Metal Copyright Demand from downstream industries did not release significantly and the sales performance was poor.Asian Metal Copyright But insiders deem that the welded pipe price is likely to drop next month, dragged down by the soft demand from end users.Asian Metal Copyright Raw material prices also witnessed an up-and-down month.Asian Metal Copyright Thanks to the low market stocks of welded pipe, the price did not decrease sharply.Asian Metal Copyright Thanks to the low market stocks of welded pipe, the price did not decrease sharply.Asian Metal CopyrightThe Chinese domestic welded pipe market was in pretty good shape at the beginning of the month but calmed down after a few days.Asian Metal Copyright But insiders deem that the welded pipe price is likely to drop next month, dragged down by the soft demand from end users.