April 2012 | Welded steel tube & pipe
Welded tube and pipe producers face lower costs, but more likely to give in to weaker pricing: Latest Analysis
Europe’s second-quarter economic growth prospects suggest that domestic demand for welded structural and mechanical material may see slowdowns on the back of this weakening market sentiment.
Through April, global flat steel product pricing was stable to down, allowing for welded tube and pipe mills to secure better margins. Nevertheless, product pricing has slipped in some markets, giving back the gains achieved in the first quarter. In China, steelmakers show no sign of adjusting capacity expansion plans to match slower domestic market growth, so the costs of HR coil for pipe...
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