Steel Pipe Market Report December 2015
2016-01-11 16:26:39 【Print】
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Steel pipe prices demonstrated a downward trend in most Chinese cities during the month due to the weak downstream demand and lower raw material prices
. Although January is the off season for the steel pipe industry, prices for iron ore and steel billet showed some signs of increasing at the end of December . Moreover, the supply in January is likely to be less than before, as some steel producers may choose to start their production line maintenance before the Spring Festival . Therefore, insiders believe that Chinese steel pipe prices will increase slightly during January 2016.