Seamless Pipe Market Report August 2013
2013-09-03 17:20:30 【Print】
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Prices of seamless pipe kept unchanged in Tianjin and Guangzhou this month, while they rose slightly in Shanghai. Though mills in Shandong Province lifted ex-works prices by around RMB200/t due to the electricity rationing, the market price failed to go up significantly dragged by the slim demand from downstream industries
. Besides, most traders were not so confident of the coming market and they were cautious of supplementing inventories, thus the market inventory ran at a low level . Insiders deem the price is likely to go up slightly in September when low costs materials are sold out and higher costs ones arrive.