Chinese welded steel pipe export offers

According to market sources, demand for Chinese welded pipes in the export markets is still on the low side. Despite the uptrend of prices of hot rolled coil (HRC) - the raw material for welded pipe production - Chinese offers to the export markets for 0.5"-12" grade B water and gas welded pipes as per ASTM A53 or API 5L have remained stable over the past week at $380-400/mt FOB on theoretical weight basis.