The low price sounds the alarm to the stainless steel seamless tube

On the 2012 China coal industry chain supply and demand situation Forum, Wang Xiaoqi the vice-chairman of China Iron & Steel Association said, "nowadays, the profit of one ton of steel in Stainless steel seamless pipe industry is ￥1.68."

At present, the time of soaring prices, cabbage is sold ￥5/kg, the stainless steel seamless tube is selling at a reduced price. It is unimaginable that the profit of one ton of these commodities can’t buy a subway ticket.
Continued low price is squeezing the profit space of Steel enterprises. China Iron and steel industry association’s data shows, in the first half of this year, steel industry sales profit margin from 3.06% last year, down to only...

Leia mais [English]
www.mtscomaxtech.com/the-low-price-sounds-the-alarm-to-the-stainless-steel-seamless-tube_newsview18.html