Local Chinese steel pipe prices have moved sideways or indicated minor fluctuations during the past week.
Chinese domestic seamless pipe prices have followed a stable trend during the past seven days. Overall trading activity has been weak. Upstream billet prices have just indicated minor changes. As for the week ahead, it is believed that seamless pipe prices may continue a mostly stable trend.
Chinese domestic welded pipe prices have fluctuated slightly during the past week. Overall trading activity is still sluggish, while upstream steel strip prices have fluctuated by small margins. As for the week ahead, it is believed that welded pipe prices may continue their trend of small fluctuations.
Seamless pipe prices
|
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,930 |
686 |
0 |
|
Guangzhou |
5,030 |
700 |
0 |
||
|
Beijing |
4,880 |
679 |
0 |
||
|
Average price |
4,947 |
688 |
0 |
||
|
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,900 |
682 |
0 |
|
Guangzhou |
4,980 |
693 |
0 |
||
|
Beijing |
4,860 |
676 |
0 |
||
|
Average price |
4,913 |
684 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
|
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,410 |
614 |
0 |
|
Guangzhou |
4,280 |
596 |
-20 |
||
|
Beijing |
4,250 |
591 |
+10 |
||
|
Average price |
4,313 |
600 |
-3 |
||
|
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
4,280 |
596 |
0 |
|
Guangzhou |
4,280 |
596 |
-20 |
||
|
Beijing |
4,170 |
580 |
+10 |
||
|
Average price |
4,243 |
590 |
-3 |
All the above prices include 13 percent VAT.
$1 = RMB 7.187 (September 21)