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Welded Steel Pipe Market Transaction Costs

05-08-2017 06:57 PM CET | Industry, Real Estate & Construction

Press release from: Hunan Great Steel Pipe Co.,Ltd

With the slowdown in China's economic growth, the steel industry and imports of iron supply market demand is further extended, steel futures varieties offer a larger decline. From the recent operation of the rebar futures market, the small changes in the price per ton effectively take into account the needs of the market depth and liquidity, in line with the majority of market participants trading habits, and the recent market price ratio is more reasonable. Welded steel pipe market said the reasonable minimum price changes to a certain extent, is conducive to enhance the degree of activity and futures varieties of the function of play. The smallest change in the price is too small news, the lack of sufficient depth of the market, the transaction efficiency will decline; the smallest variable price is too large, will increase transaction costs, affecting the liquidity of the contract. Small changes in the price adjustment in line with the actual market and contract design principles of tax rebates, help to reduce transaction costs and improve the enthusiasm of the parties involved in the welding pipe market.

Hunan Great Steel Pipe Co.,Ltd: http://www.great-pipe.com/
Address: Hunan Steel Industrial Zone,No.9 Xiangfu Road, Yuhua District, Changsha, Hunan, China
Postcode:410116                     
Tel:0086-731-88678502             
Fax:0086-731-88678508
E-mail: info@great-pipe.com
welded steel pipe: http://www.great-pipe.com/product.html
Hunan Great Steel Pipe Co.,Ltd is a world-class production and service provider of submerged arc straight seam welded pipe as the first subsidiary of Shinestar Group. Hunan Great Steel Pipe Co.,Ltd pays more attention to in the pipeline engineering research areas as a pioneer of China Petroleum Pipeline & Gas Pipeline Science Research Institute, Such as: the use of oil and gas pipelines, pipe welding technology innovation, high-end plumbing materials research and development, as well as special tools technological innovation pipeline construction, pipeline corrosion protection science and technology research, science and technology research pipeline non-destructive testing, pipeline quality assessment, and research pipeline standards and so on. In the future, we will try to use new technology to create new business value and to contribute to research and product development for the pipeline.

Hunan Steel Industrial Zone,No.9 Xiangfu Road, Yuhua District, Changsha, Hunan, China

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