Monthly Steel Pipe Market Report Jun 2019
2019-07-08 14:12:43 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
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1. Market Highlights
Prices for steel pipe fluctuated frequently during the month, coupled with participants' wait-and-see attitudes. The downstream industry ran slowly in the traditional slow season, which meant the rigid demand was insufficient. Besides, end uses only purchased according to urgent needs seeing frequent price fluctuations, both leading to a dim market. Reporting narrow profit margins, mills were inactive in producing, and the supply was reduced a little bit. In the meantime, prices for steel pipe went down slightly in other Asian markets during the month. Considering the poor sales performance, insiders foresee a slight price decline for steel pipe in July.
Prices for steel pipe fluctuated frequently during the month, coupled with participants' wait-and-see attitudes. The downstream industry ran slowly in the traditional slow season, which meant the rigid demand was insufficient. Besides, end uses only purchased according to urgent needs seeing frequent price fluctuations, both leading to a dim market. Reporting narrow profit margins, mills were inactive in producing, and the supply was reduced a little bit. In the meantime, prices for steel pipe went down slightly in other Asian markets during the month. Considering the poor sales performance, insiders foresee a slight price decline for steel pipe in July.
