Local Chinese steel pipe prices have indicated a mostly stable trend during the past week.
Local Chinese seamless pipe prices have followed a stable trend during the past seven days, supported by billet prices which have only fluctuated slightly. Overall trading activity has been sluggish due to the off-season. As for the week ahead, it is believed that seamless pipe prices will again mostly follow a stable trend.
Local Chinese welded pipe prices have indicated a mostly stable trend during the past week, though with some small downticks also seen as steel strip prices showed some softness. Overall trading activity has been sluggish. As for the week ahead, it is believed that welded pipe prices may just indicate some small fluctuations.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,340 | 638 | 0 |
| Guangzhou | 4,370 | 642 | 0 | ||
| Beijing | 4,230 | 622 | 0 | ||
| Average price | 4,313 | 634 | 0 | ||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,310 | 633 | 0 |
| Guangzhou | 4,290 | 631 | 0 | ||
| Beijing | 4,130 | 607 | 0 | ||
| Average price | 4,243 | 624 | 0 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,720 | 547 | 0 |
| Guangzhou | 3,650 | 536 | -30 | ||
| Beijing | 3,600 | 529 | 0 | ||
| Average price | 3,657 | 537 | -10 | ||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,590 | 528 | 0 |
| Guangzhou | 3,650 | 536 | -30 | ||
| Beijing | 3,530 | 519 | 0 | ||
| Average price | 3,590 | 528 | -10 |
All the above prices include 13 percent VAT.
$1 = RMB 6.804
