Pipe prices decrease in local Chinese market

Friday, 14 May 2010 13:46:39 (GMT+3)   |  
       

 

Product Name

Specification

Category

City

Steel Plant/Origin

 Price (RMB/mt)

Price ($/mt)

Weekly Change(RMB/mt)

Seamless pipe

Φ108 mm x 4.5 mm

20#

Shanghai

Jiangsu Xi Steel

5,450

798

-100

Guangzhou

Xinyu Steel

5,900

864

-100

Beijing

Tong Steel

5,500

805

-250

Average price

5,617

822

-150

Welded pipe

Φ48 mm x 3.25 mm

Q195-235

Shanghai

Huaqi Steel/Lida Steel

4,500

659

-100

Guangzhou

Rong Steel

4,600

673

-100

Beijing

Youfa Steel/Huaqi Steel/Zengzhou Steel

4,420

647

-80

Average price

4,507

660

-93

17 percent VAT is included in all prices.

$1 = RMB 6.83


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