Welded Pipe Market Report May 2015

Welded pipe prices in China’s major cities showed a downward trend in May. With demand for welded pipe insufficient during the month, ex-works prices from domestic welded pipe producers decreased to some extent.Asian Metal Copyright With demand for welded pipe insufficient during the month, ex-works prices from domestic welded pipe producers decreased to some extent.Asian Metal Copyright Moreover, the price of the raw material, steel billets, is likely to drop further next month.Asian Metal Copyright Moreover, the price of the raw material, steel billets, is likely to drop further next month.Asian Metal Copyright Therefore, insiders expect market prices for welded pipe to keep on falling in June.