Steel Pipe Market Report December 2016

Prices for steel pipe went through an up-down trend during the month, following that of raw materials.Asian Metal Copyright Nevertheless, in general the prices were much higher than those of November.Asian Metal Copyright They increased continuously and sharply in the first half of the month, but were either broadly stable or decreased in the second half.Asian Metal Copyright Given that the overall market inventory is running low, insiders do not think prices for steel pipe will go down in January.Asian Metal Copyright Nevertheless, in general the prices were much higher than those of November.Asian Metal Copyright In addition, both traders and end users had no intention of building large stockpiles, seeing prices as unreasonably high.Asian Metal Copyright The market performance remained unsatisfactory, especially in the case of North China, where a succession of outdoor projects were halted, impacted by the cold weather.Asian Metal Copyright Nevertheless, in general the prices were much higher than those of November.Asian Metal Copyright In addition, both traders and end users had no intention of building large stockpiles, seeing prices as unreasonably high.Asian Metal Copyright In addition, both traders and end users had no intention of building large stockpiles, seeing prices as unreasonably high.Asian Metal Copyright Given that the overall market inventory is running low, insiders do not think prices for steel pipe will go down in January.
.Asian Metal Copyright The market performance remained unsatisfactory, especially in the case of North China, where a succession of outdoor projects were halted, impacted by the cold weatherAsian Metal Copyright