Amid supply glut in the wake of excessive facility expansion and an increase in imports. Sales of industrial copper pipes including those for ACR are foreseen to get further fierce in the future. An excessive increase in supply is feared to trigger keen sales competition even in a high-demand period. Industrial copper pipe makers have suffered considerable difficulties in sales this year due to sluggish demand. Particularly in case of ACR copper pipes, demand virtually reached the end of its rope, affected by the relocation of major consuming sectors production facilities to overseas plants. Economic slump and sluggish consumption exerted a direct influence on demand for industrial copper pipes and the copper pipe makers consequently suffered a lot of difficulties in sales.
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