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October 08, 2008


Chinese seamless pipe prices to jump

It is reported that China’s seamless pipe producers are asking for another increase USD 200 per tonne to USD 300 per tonne.

Besides, Japanese manufacturers have increased price by USD 200 per tonne. All mills and traders can assure that the price will increase in near future.

Some market participants predicted that the price will be increased by at least USD 30 per tonne and the average price will reach USD 1,130 to USD 1,160 per tonne.