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The pipe improve double-digit percentage in 2017- The 18th China(Guangzhou ) Int’l tube & pipe Processing Equipment Exhibition
12/20/2016 steel tube expo-tube &pipe expo |
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Leader Steel Holdings Bhd, one of the pipe manufacturers in Malaysia, said that due to higher steel prices and stronger demand increased more than 15% from the construction and furniture industries, they expected their revenue and profit will improve more than 10% in 2017.
"The price of steel pipes was around US$670/ton, 25% higher than in January, due to strict conditions regulating the entry of imported steel products.", said the group managing director from Leader Steel.
They also said that the anti-dumping duties introduced in early 2015 for hot-rolled and cold-rolled coil from China was also beginning to reveal.
- The 18th China(Guangzhou ) Int’l tube
& pipe Processing Equipment Exhibition
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