Welded Pipe Market Report December 2013
2014-01-02 17:12:21 【Print】
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Chinese domestic welded pipe market was still unfavorable in this month affected by the soft demand from downstream industries
. Prices of welded pipe in North China decreased sharply but only went down slightly in other regions because of the tight supply . Traders were cautious about the market and did not adjust quotations rashly . As most participants were unconfident of the coming market, few of them replenished large stocks . Under such a condition, insiders deem that the markdown will be narrow though the price of pipe is likely to go down further next month.