Seamless Pipe Market Report April 2013

Prices of seamless pipe kept generally stable in North and South China this month, but they decreased by RMB50/t in East China.Asian Metal Copyright .Asian Metal Copyright Meanwhile, those of raw materials kept rising in the first half of this month but they showed a downward trend in the second half influenced by the poor market performance of finished steel.Asian Metal Copyright Insiders deem the price of seamless pipe is likely to go down slightly in May.Asian Metal Copyright In addition, Baosteel, the bellwether of domestic seamless pipe producers maintained list prices of seamless pipe unchanged for May delivery, indicating that the mill was not so confident of the coming market.Asian Metal Copyright Insiders deem the price of seamless pipe is likely to go down slightly in May.Asian Metal Copyright In the meantime, small mills in Linyi, Shandong Province moved down ex-works prices late April because of sharp price declines of raw materials.Asian Metal Copyright .Asian Metal Copyright Insiders deem the price of seamless pipe is likely to go down slightly in May.

.Asian Metal Copyright In the meantime, small mills in Linyi, Shandong Province moved down ex-works prices late April because of sharp price declines of raw materialsAsian Metal Copyright