IMMEDIATE ACTION TO UNITE AND ADVANCE BRAVELY
—— News information ——
The Mexican government has launched a review of an existing countervailing duty on imports of seamless steel tube from China.
Details>>Welded pipe market is quiet in Singapore at this moment, and most local traders hold their offers unchanged to watch the market. The mainstream price of welded pipe ASTM A53 Φ114.3mm*3.75mm is SGD509-530t USD355-370t. Insiders foresee a dim welded pipe market in following several weeks. A trader in Singapore reveals to Asian Metal that the local price of welded pipe ASTM A53 Φ114.3mm*3.75mm is SGD510t USD356t,
Details>>The seamless pipe market performs stagnantly in Malaysia at the moment, coupled with traders’ wait-and-see attitudes. Besides, prices keep stable. Currently the mainstream price of ASTM A106 GRB Φ114.3mm*6.02mm imported from China is around MYR2,100t USD479t 6% GST excluded. Insiders do not think the market performance can improve in the coming week.
Details>>The seamless pipe market performs stagnantly in Malaysia at the moment, coupled with traders’ wait-and-see attitudes. Besides, prices keep stable. Currently the mainstream price of ASTM A106 GRB Φ114.3mm*6.02mm imported from China is around MYR2,100t USD479t 6% GST excluded. Insiders do not think the market performance can improve in the coming week.
Details>>Vietnamese welded pipe market runs slowly at this moment, and the demand shows no signs of becoming stronger. The mainstream price of welded pipe SS400 Φ114.3mm*2.0-4.8mm is VND9,400,000-9,800,000t USD418-436t. Insiders foresee a sluggish welded pipe market in Vietnam in the near future.
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