Trade Resources Market View The Seamless Pipe Market in Romania Remained Slack

The Seamless Pipe Market in Romania Remained Slack

The seamless pipe market in Romania remained slack. Because of the weak demand from the consuming industry, the local buyers did not increase the purchasing quantity, meanwhile, with the financial difficulty and coming summer vacation, the export of seamless pipe performed weak as well.

Considering that the price is not the point to stimulate the market now, the seamless pipe mills in Romania decided to keep the domestic and exported price flat in the last one month.

Meanwhile, the seamless pipe 3”-10” as per ASTM or EN standard is quoted at US$1,144~US$1,170/ton (without 24% VAT) recently.

 

 

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=65347&division=A4
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Demand for Seamless Pipe Slack While Mills Refuse to Cut Price
Topics: Construction