Seamless Pipe Market Report September 2014
2014-10-08 09:32:33 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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Impacted by the ongoing sharp decline in raw material prices, seamless pipe prices in China likewise showed a downward trend during the month, with a markdown of around RMB100-150/t (USD16-24/t). In the meantime, the market performance remained unsatisfactory and the so-called “Golden September” became a bubble. To avoid potential risks, most traders reduced stocks to within safety levels. Insiders believe the seamless pipe price is likely to continue decreasing in October.
