Steel pipe Trend in 2016

　　Current market structure of China steel product is full of fierce competition. China Iron and Steel Industry is facing strategic transition from a big steel country to a powerful one after development of more than half century.

　　The situation of supply greater than the demand is basically formed, so that the stimulant competition of market is occurred. Price is the focus point of the market competition, and it becomes the important means of all big steel makers and dealers for preempting market shares and creating competition advantages.

　　Some managers predict steel pipe prices have bottomed out as they viewed the market fell short of the space will be limited due to the auspicious start after Chinese New Year holiday in accordance with past practice.

　　Hebei Shengtian Group Reaguan Pipeline Co.,Ltd the Purchase and sales manager Mr Jiang according to the the raw material price and the past experience forecast that the year 2016 will be better than the year 2015. Seamless steel pipe and pipe fittings will may be increase 5%-10% accordingly. In the monkey year the market will be better and better.