Seamless Pipe Market Report April 2015

Seamless pipe prices went down slightly in most domestic markets, including Shanghai and Tianjin, during the month, while they were more or less stable in other regions, such as Guangzhou. With limited inventories in hand, most traders had no plans to cut their quotations again in May.Asian Metal Copyright Meanwhile, most mills in Shandong province, the seamless pipe distribution center, tended to keep list prices unchanged during the month.Asian Metal Copyright Lacking any confidence in the market outlook, they were cautious about supplementing inventories.Asian Metal Copyright Lacking any confidence in the market outlook, they were cautious about supplementing inventories.Asian Metal Copyright Meanwhile, most mills in Shandong province, the seamless pipe distribution center, tended to keep list prices unchanged during the month.Asian Metal Copyright Insiders think the price is likely to run on a flat trend in May.Asian Metal Copyright Insiders think the price is likely to run on a flat trend in May.