Local Chinese steel pipe prices have followed a declining trend during the past week.
Local Chinese seamless pipe prices have followed a mostly downward trend during the past week amid declining billet prices. Overall trading activity is still at a low level. As for the week ahead, it is believed that seamless pipe prices may indicate minor fluctuations.
Local Chinese welded pipe prices have also indicated a downward trend during the past seven days since steel strip prices have also been declining. Overall trading activity is still weak. As for the week ahead, it is believed that welded pipe prices may indicate small decreases.
Seamless pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,350 |
613 |
0 |
Guangzhou |
4,500 |
634 |
-110 |
||
Beijing |
4,440 |
625 |
-80 |
||
Average price |
4,430 |
624 |
-63 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,320 |
609 |
0 |
Guangzhou |
4,420 |
623 |
-110 |
||
Beijing |
4,330 |
610 |
-80 |
||
Average price |
4,357 |
614 |
-63 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
3,650 |
514 |
-80 |
Guangzhou |
3,570 |
503 |
-120 |
||
Beijing |
3,550 |
500 |
-100 |
||
Average price |
3,590 |
506 |
-100 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
3,520 |
496 |
-80 |
Guangzhou |
3,570 |
503 |
-120 |
||
Beijing |
3,480 |
490 |
-100 |
||
Average price |
3,523 |
496 |
-100 |
All the above prices include 13 percent VAT.
$1 = RMB 7.099
