Seamless Pipe Market Report February 2014
2014-03-04 12:15:54 【Print】
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Prices of seamless pipe went down slightly this month due to the poor market performance
. Since there were only three-week’s working days this month and most construction projects had not been restarted yet, the demand remained soft . Besides, prices of raw materials showed a downward trend influenced by the power rationing in last two weeks of this month, and mills kept lowering list prices of seamless pipe accordingly, heightening market participants’ pessimistic attitudes . Insiders deem the market price is likely to decline slightly next month.