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Seamless steel pipe prices in Taiwan stable for June

Posted by: Time:2014.06.13 00:49

The local prices of seamless steel pipe for June in Taiwan are still steady since May owing to quiet market demand and high cost on raw material.

It’s learned that the Taiwanese suppliers are going to suggest Chung Hung Steel, the biggest steel pipe steelmaker in Taiwan, to cut its output under this stagnant market situation.

Most seamless steel pipe suppliers in Taiwan point out that they have only tiny space on profits because of high cost on raw material for pipe making in June.

For the market demand, it represents a downward trend since April. Seamless steel pipe suppliers have expected that they would be affected deeply on orders, probably facing the deficit in June.

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