The local Chinese steel pipe prices have either been stable or fluctuated slightly during the past week.
Local Chinese seamless pipe prices have followed a stable trend during the past seven days. Overall trading activity has been at normal levels. Upstream billet prices have indicated slight fluctuations. Most traders have chosen to keep their quoted prices stable. As for the week ahead, it is believed that seamless pipe prices may be characterized by small fluctuations.
Local Chinese welded pipe prices have indicated slight fluctuations during the past week. Overall trading activity has been at normal levels. Most traders have altered their quoted prices slightly depending on their trading performance. As for the week ahead, it is believed that welded pipe prices may continue to fluctuate slightly.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,450 | 620 | 0 |
| Guangzhou | 4,500 | 627 | 0 | ||
| Beijing | 4,470 | 623 | 0 | ||
| Average price | 4,473 | 624 | 0 | ||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,420 | 616 | 0 |
| Guangzhou | 4,440 | 619 | 0 | ||
| Beijing | 4,320 | 602 | 0 | ||
| Average price | 4,393 | 612 | 0 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,860 | 538 | -10 |
| Guangzhou | 3,870 | 539 | 20 | ||
| Beijing | 3,750 | 523 | -20 | ||
| Average price | 3,827 | 533 | -3 | ||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,730 | 520 | -10 |
| Guangzhou | 3,870 | 539 | 20 | ||
| Beijing | 3,680 | 513 | -20 | ||
| Average price | 3,760 | 524 | -3 |
All the above prices include 13 percent VAT.
$1 = RMB 7.174
