The Chinese pipe market price, which increased gradually from March to mid-April 2022, started to decline with fluctuations from the end of April.
The unpredictable drop in the price of cast iron pipe in June caused market participants to panic and start selling their stocks.
Although demand is still weak in the market, most traders and users buy according to their needs.
In 2023, a post-pandemic period will begin for the whole world. It is estimated that the average seamless pipe price in the Chinese market in 2023 will be slightly higher than the 2022 level, as infrastructure construction plans may create new demand instead of the real estate sector.
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