Chinese steel pipe export offer prices move on a rising trend

Wednesday, 03 July 2019 16:35:24 (GMT+3)   |   Shanghai

During the week ending July 3, average Chinese steel pipe export offer prices have moved on a rising trend. At present, export offers for API 5L seamless pipe given by Chinese suppliers are in the range of $635-725/mt FOB, while export offers for API 5L welded pipe given by Chinese suppliers are at $570-580/mt FOB.

During the given week, due to the production restrictions in Tangshan, market players have been optimistic on the prospects for the future trend of pipe prices. Meanwhile, rising semi-finished steel prices have provided solid support for steel pipe prices. At the same time, iron ore prices have moved at high levels, also bolstering steel pipe prices from the cost side. However, demand has been slack due to the current offseason. It is thought that steel pipe prices from China will likely move up slightly in the coming week.

Product name



Price ($/mt) FOB

Weekly change ($/mt)

API 5L Seamless pipe


2’’-6’’ Std



Seamless pipe, casing


3’’-8’’ Std



Seamless Pipe, tubing


< 3’’ Std



Welded Pipes


2’’-6’’ Std



Most Recent Related Articles

Silicomanganese prices in local Chinese market - week 31

Local Chinese pipe prices stable or up slightly

Silicon steel sheet prices in local Chinese market - week 30

Ferromanganese prices in local Chinese market - week 30

Chinese domestic stainless steel prices mostly stable