Monthly Steel Pipe Market Report May 2019

1. Market Highlights

Prices for steel pipe went down in major Chinese domestic markets during the month. The rigid demand from downstream industries remained insufficient under the gloomy economy.Asian Metal Copyright .Asian Metal Copyright Besides, end users were cautious about supplementing inventories and only purchased according to urgent needs, both leading to a dim market.Asian Metal Copyright Besides, end users were cautious about supplementing inventories and only purchased according to urgent needs, both leading to a dim market.Asian Metal Copyright Complaining low profits or even losses caused by rising prices of raw materials but decreasing selling prices for steel pipe, producers were less active in producing during the month, and traders refused to build large stockpiles.Asian Metal Copyright .Asian Metal Copyright In the meantime, prices for steel pipe rose slightly in other Asian markets during the month.Asian Metal Copyright Complaining low profits or even losses caused by rising prices of raw materials but decreasing selling prices for steel pipe, producers were less active in producing during the month, and traders refused to build large stockpiles.Asian Metal Copyright Insiders foresee a slight price decline for steel pipe next month.

.Asian Metal Copyright Market Highlights Prices for steel pipe went down in major Chinese domestic markets during the monthAsian Metal Copyright