Welded Pipe Market Report June 2013
2013-07-02 08:57:22 【Print】
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Prices of welded pipe decreased slightly in most domestic regions though the price of raw material-HR strip witnessed an upward trend this month
. The market ran slowly due to the soft demand from downstream industries . Prices were hard to go up as the market transaction was flat . China daily crude steel output increased slightly in June, which was negative news for the whole steel market . Since the government has not published any positive policies for the steel market and Chinese banks are facing financial problems at present, participants are not confident of the coming market . In view of that, insiders think the price is likely to go down further next month, but the markdown will be narrow.