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China Steel Pipe Price "Passive" Frequent Shocks in 2018

In 2018, steel pipe prices were mainly shocks, which slowed down significantly compared with the rising trend in 2017, and fell sharply in November, reaching a new low in the whole year.

From the point of view of price adjustment, the price of seamless steel pipe is mostly affected by the overall trend of steel, and the price adjustment of raw material billet has limited influence on it; the price of welded steel pipe is obviously affected by raw material end, and the pace of price adjustment is consistent with that of strip steel.

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