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30 January 2012
Much of the increase in welded pipe was due to successful sales efforts in finding new customers in Burma (Myanmar) and Chile, but during the fourth quarter the pipe market was also affected by traders’ efforts which have been seen throughout the steel sector to bring forward shipping dates.
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23 December 2011
Domestic Chinese demand by the construction sector has been slowed and will continue to be hampered over the coming months as well, weighing on the price of welded structurals.
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23 November 2011
Chinese welded tube and pipe prices in November had nowhere to go but down, and exporters continued slashing prices from last month due to weak demand and falling raw material prices.
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27 October 2011
It is our view that distributors have become cautious amid falling prices.
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28 September 2011
Chinese production volumes could stall in the fourth quarter.
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26 August 2011
Exporters are looking to lower prices in order to remain competitive but are facing shrinking margins.
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21 July 2011
On the export front, Chinese mills are now looking for $800-950/tonne fob for API pipe with X52 now up to around $900-920/tonne fob.
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30 June 2011
Weaker coil prices are likely to bring down input costs for a wide range of welded tubular products.
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27 May 2011
Underlying demand for steel products in the major markets, however, could weaken steel flat product prices in Asia and force mills to make concessions on their welded pipe sales.
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29 April 2011
In Japan the decline in tubular demand from the automotive and engineering sectors where operations are running below expected production levels is for now offsetting any increase in demand from reconstruction efforts.
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28 February 2011
xport prices for X42 API pipe are now a minimum of $820/tonne, with first-tier suppliers looking for as much as $880/tonne fob.