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Mysteel: Annual Report on Steel Pipes - Price seen to pick up further in 2017
Jan 03, 2017  09:36:07
Abstraction: In the short term, a slightly decline is expected to hit some areas due to downtrend since second half of December and the upcoming China's Spring Festival. In the long term, 2017 is projected to be bullish in favor of higher pipe price as China continues to cut steel capacity.
2016 saw a strikingly gaining streak in steel market. Be it pipe plants or downward market, all showed bullish outlook in contrast with bearish sentiment in past few years. Steel traders held wait-and-see attitude towards winter hoarding amid current volatile steel market. How is price trend of pipe in the...

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