Seamless Pipe Market Report March 2012
2012-04-01 08:55:36 【Print】
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Although steel mills in Shandong Province kept lifting ex-works prices of seamless pipe this month, with a total markup of RMB250-300/t, the market price did not witness a sharp increase dragged by the soft demand from downstream customers
. In the meantime, prices of raw material like iron ore, tubing blank and steel billet showed an upward trend . Seeing the demand will get strong with the weather turning warmer in April, sources deem the price is likely to move up slightly next month.