Welded Pipe Market Report August 2012
2012-09-04 10:17:51 【Print】
Please contact us for a subscription.
Influenced by price decreases of raw materials like iron ore, steel billet and HR strip as well as the poor market performance, prices of welded pipe kept going down this month, with a markdown of RMB300/t. Besides, steel mills were reluctant to cut output under the lure of lower production costs, thus the oversupply is obvious