Steel pipe prices in local Chinese market

Friday, 06 August 2010 13:52:41 (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

5,000

739

+100

Guangzhou

Xinyu Steel

5,400

798

Beijing

Tong Steel

5,500

812

Average price

5,300

783

+33

Welded pipe

Φ48 mm x 3.25 mm

Q195-235

Shanghai

Huaqi Steel/Lida Steel

4,430

654

+150

Guangzhou

Rong Steel

4,450

657

+100

Beijing

Youfa Steel/Huaqi Steel/Zengzhou Steel

4,420

653

+150

Average price

4,433

655

+133

17 percent VAT is included in all prices.

$1 = RMB 6.77


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