Welded Pipe Market Report May 2014
2014-06-05 14:24:02 【Print】
Please contact us for a subscription.
The Chinese domestic welded pipe market performed unsatisfactorily this month and the price maintained a downward trend. Demand from downstream industries was not forthcoming and the sales performance was still poor
. Raw material prices also continued to decline during the month and are likely to go down further . Though the supply of some popular grades was insufficient at the end of the month, the price was still struggling to go up . Under such conditions, insiders deem that the market is unlikely to improve next month.