Seamless Pipe Market Report December 2014

Seamless pipe prices showed a downward trend during the month, impacted by the sluggish market. The demand for seamless pipe is unlikely to release significantly within a short period, given the lack of strong support from the construction industry.Asian Metal CopyrightSeamless pipe prices showed a downward trend during the month, impacted by the sluggish market.Asian Metal Copyright Moreover, the market performance is likely to slacken as we approach the Chinese Lunar New Year.Asian Metal Copyright Moreover, the market performance is likely to slacken as we approach the Chinese Lunar New Year.Asian Metal Copyright As a result, insiders believe seamless pipe prices will decline further next month.