Steel Pipe Price Trend Week of May 11: Cost Support vs Soft Demand
Favorable Factors: 1. Strip steel prices up to 3,395 CNY/MT; cost support strengthening 2. China export orders index returned to expansion at 50.3% in April 3. Middle East supply gap from Iran disruption boosting pipe demand 4. May HRC export plans up 23% MoM to 1.14M MT 5. SE Asia and Africa demand remains firm […]










