Welded Pipe Market Report November 2014

Prices for welded pipe in most of China’s leading markets witnessed a downward trend during the month. With downstream demand remaining soft, the sales performance was unsatisfactory.Asian Metal Copyright With December being the traditional off-season, traders will face increasing pressure to withdraw funds and repay bank loans as the end of the year approaches, so insiders predict that the price for welded pipe is likely to decrease next month.Asian Metal Copyright Traders showed no confidence in the future market trend.Asian Metal CopyrightPrices for welded pipe in most of China’s leading markets witnessed a downward trend during the month.Asian Metal Copyright With December being the traditional off-season, traders will face increasing pressure to withdraw funds and repay bank loans as the end of the year approaches, so insiders predict that the price for welded pipe is likely to decrease next month.