Chinese steel pipe export offer prices move sideways

Wednesday, 17 July 2019 17:42:32 (GMT+3)   |   Shanghai
       

During the week ending July 17, average Chinese steel pipe export offer prices have moved on a stable 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, the rainy weather in China has exerted a negative impact on the steel pipe market where a wait-and-see mood currently prevails. It is expected that steel pipe prices from China will again move sideways in the coming week.

Product name

Quality

Spec.

Price ($/mt) FOB

Weekly change ($/mt)

API 5L Seamless pipe

Gr.B

2’’-6’’ Std

680

0

Seamless pipe, casing

J55

3’’-8’’ Std

722.5

0

Seamless Pipe, tubing

ST37

< 3’’ Std

980

0

Welded Pipes

Gr.B

2’’-6’’ Std

575

0


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