Steel Pipe Market Report March 2017

Prices for steel pipe declined in major Chinese domestic markets during the month influenced by decreasing raw materials’ prices as well as the slow market.Asian Metal Copyright Facing rising production costs but decreasing ex-works prices, mills were inactive in producing and cut output in succession.Asian Metal Copyright Facing rising production costs but decreasing ex-works prices, mills were inactive in producing and cut output in succession.Asian Metal CopyrightPrices for steel pipe declined in major Chinese domestic markets during the month influenced by decreasing raw materials’ prices as well as the slow market.Asian Metal Copyright Meanwhile, traders were cautious about supplementing inventories because of heavy capital pressures caused by increased stocks.Asian Metal Copyright Meanwhile, traders were cautious about supplementing inventories because of heavy capital pressures caused by increased stocks.Asian Metal Copyright Besides, demand from downstream industries remained weak since end users refused to place large orders seeing the downward trend, for fear of a further price decline.Asian Metal Copyright Facing rising production costs but decreasing ex-works prices, mills were inactive in producing and cut output in succession.Asian Metal Copyright Insiders foresee another price decrease in April.

.Asian Metal Copyright Besides, demand from downstream industries remained weak since end users refused to place large orders seeing the downward trend, for fear of a further price declineAsian Metal Copyright