Market OverviewPrices rose significantly amid raw material cost surgesMills hiked offers but traders resisted full price pass-throughSeasonal demand remains subdued despite improved sentimentProductio...
Overview: Seamless pipe prices weakened further this week with expanded declines. Mainstream mills cut prices to reduce inventory pressure, while traders discounted to boost sales. Mill inventories ro...
Overview: Seamless pipe prices weakened further this week as major mills reduced prices to alleviate inventory pressure. Mill inventories continued rising, increasing production pressure, while trader...
Overview: Raw material prices diverged this week, with Shandong billet costs rising and further squeezing profits at billet-processing mills. Mill inventories continued accumulating, while orders for ...
Market OverviewThis week saw further declines in raw material costs and weaker market transactions. Pipe mills in Shandong reported thin profits and rising inventories, signaling growing supply-demand...
OverviewSteel and pipe billet prices declined this week amid slowing transactions, as rainy weather in southern China disrupted construction activity. Shandong mills faced shrinking profits and rising...
Overview：Steel and pipe billet prices rose this week, but transaction growth slowed. Shandong mills saw slight profit improvements and inventory reductions, though demand remains muted. By May 16, the nat...
Overview Post-holiday steel billet and pipe billet prices rose initially but later dipped, with partial market gains offset by slow construction activity due to seasonal rains. Weak futures and rising...
As April’s tepid demand and rising factory inventories weigh on the market, China’s seamless pipe sector braces for a challenging May. Despite marginal profit improvements and resilient exports, wea...
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