The local Chinese steel pipe market prices have showed a mostly stable with slightly upward trend during past week.
Chinese seamless pipe market prices have showed a stable trend during past week. Overall trading activity has been at a low level. Since the Mid-Autumn Festival, downstream mostly hold a wait and see stance. Supply volume recently has increased which lead the market inventory has been at a normal level. As for the week ahead, it is believed seamless pipe market prices may mostly hold a stable trend.
Chinese welded pipe market prices have showed a mostly stable with slightly upward trend. Upstream steel strip and other raw material have showed an upward trend, which has caused certain traders choose to follow. But most traders are willing to hold the prices stable in order to close more deals. Mid-Autumn Festival lead the trading activity remained at low level. As for the week ahead, it is believed that welded pipe market prices may show a mostly stable trend.
|
Product Name |
Spec. |
Category |
City |
Steel Plant/Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Seamless pipe |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
Wuxi |
4,700 |
664 |
0 |
|
Guangzhou |
Shandong |
4,950 |
699 |
0 |
|||
|
Beijing |
Angang |
4,600 |
650 |
0 |
|||
|
Average price |
- |
4,750 |
671 |
0 |
|||
|
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
Zhenda |
4,750 |
671 |
0 |
|
|
Guangzhou |
Angang |
5,000 |
706 |
0 |
|||
|
Beijing |
Shandong |
4,700 |
664 |
0 |
|||
|
Average price |
- |
4,817 |
680 |
0 |
|||
|
Welded pipe |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
Tangshan |
4,290 |
606 |
+60 |
|
Guangzhou |
Guangzhou |
4,380 |
619 |
0 |
|||
|
Beijing |
Jinghua |
4,150 |
586 |
0 |
|||
|
Average price |
- |
4,273 |
604 |
+20 |
|||
|
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
Huaqi |
4,230 |
597 |
+60 |
|
|
Guangzhou |
Guangzhou |
4,380 |
619 |
0 |
|||
|
Beijing |
Zengzhou |
4,080 |
576 |
0 |
|||
|
Average price |
- |
4,230 |
597 |
+20 |
All the above prices include 13 percent VAT.
$1 = RMB 7.08