Ex-China ERW pipe

Tuesday, 13 February 2007 10:29:40 (GMT+3)   |  
Chinese pipe manufacturer Jiangsu Yulong Steel Pipe's list price for S355J2H (Q345) grade 100-350 mm x 100-350 mm x 4-12 mm ERW pipe exports is at $615-625/mt FOB Shanghai on actual weight basis via at sight payment by letter of credit for April shipment. The price has increased about $30/mt compared with that in January due to the rising price of raw material in China's domestic market. This mill said that the price might continue to go up after the Spring Festival due to the raw material price and also due to possible changes in government export policy.

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