December 02, 2008

Chinese welded steel pipe output in surges

Good demand and increasing raw material costs have prompted China’s welded steel price and production to soar in April.

China’s production of welded steel pipe was around 2.06 million tonnes in March an increase of 736,500 tonnes over February. The total production of welded steel pipe during January to March was 4.92 million tonnes up by 355,800 tonnes YoY.

The export of welded steel pipe in March was 166,500 tonnes down by 50.73% YoY and China’s import of welded steel pipe rose by 308.07% to 62,887 tonnes.