The hope of waiting for price reduction of seamless steel pipe

by Lucy H. SEO manager

Sara think it is not too possible at this moment for the trend of the steel pipe’s price. As manufacturer of seamless steel pipe in Threewaysteel company, we all know that the price is up recently when we update the price list.

Of course, this is not only us getting the price up. Look at the data and you would know that. Prices for steel billet, used to make reinforcing rods in construction and a benchmark for the industry, have surged this month to almost double in the past year. I still remember from September to November, the price of steel in stock market is up day by day and there are some clients who cannot even buy the steel pipe for the high demand of them.

With development of high technology, the new technologies of heating steel slab billet using natural gas as fuel and regenerative combustion way are mainly described, as well as obvious energy saving results are gained. Thus, the demands for various steel pipes for transportation would be increase.

So do you still wait for the price reduction at this moment?