Chinese steel pipe export offer prices move sideways

Wednesday, 21 July 2021 12:09:35 (GMT+3)   |   Shanghai

During the week ending July 21, average Chinese steel pipe export offer prices have moved sideways. At present, export offers for welded pipe given by Chinese suppliers are in the range of $830-860/mt FOB, while export offers for API 5L seamless pipe given by Chinese suppliers are at $855-875/mt FOB, September shipment, remaining stable compared to that recorded on July 14.  

Product name



Price ($/mt) FOB

Weekly change ($/mt)

API 5L seamless pipe


2’’-6’’ Std



Seamless pipe, casing (hot rolled forming)


3’’-8’’ Std



Seamless pipe, tubing (cold drawn forming)


< 3’’ Std



Welded pipes


2’’-6’’ Std



During the given week, steel pipe prices have moved sideways amid the slack demand due to the heavy rains. At the same time, high level of raw material prices bolstered steel pipe market. It is thought that steel pipe prices may fluctuate within a limited range in the coming week.

Rebar futures prices at Shanghai Futures Exchange (SHFE) stand at RMB 5,561/mt ($861/mt) on July 21, down RMB 19/mt ($2.9/mt) or 0.34 percent from July 14.

$1 = RMB 6.4835

Similar articles

Canadian rail freight volume up 18.7 percent in January

31 Mar | Steel News

US and Canadian rig counts decline week-on-week

31 Mar | Steel News

Local Chinese pipe prices mostly move down

31 Mar | Tube and Pipe

Turkey's welded pipe exports down 41.3 percent in January 

30 Mar | Steel News

Corinth Pipeworks to supply pipes to offshore gas platform in North Sea

30 Mar | Steel News

US issues preliminary AD review results on circular welded pipe from Thailand

29 Mar | Steel News

Five new pipelines to increase steel plate demand in Brazil

27 Mar | Steel News

China’s Xinxing to invest $2 billion in cast iron pipe and steel production plant in Egypt

27 Mar | Steel News

US rig counts edge up while Canadian count drops week-on-week

27 Mar | Steel News

Local Chinese steel pipe prices move down

24 Mar | Tube and Pipe