Local Chinese steel pipe prices have followed a slightly soft trend during the past week.
Local Chinese seamless pipe prices have indicated small decreases during the past seven days, against the backdrop of declines in prices of billet and other raw materials. Overall trading activity for seamless pipes has increased and is considered to be at normal levels. As for the week ahead, it is believed that seamless pipe prices may just fluctuate slightly.
Local Chinese welded pipe prices have moved down slightly during past week amid the downward trend of prices of steel strip and other raw materials. Overall trading activity for welded pipes has been at normal levels. As for the week ahead, it is believed that welded pipe prices may indicate some small fluctuations.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,270 | 592 | -50 |
| Guangzhou | 4,430 | 615 | -50 | ||
| Beijing | 4,330 | 601 | -90 | ||
| Average price | 4,343 | 602 | -63 | ||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,240 | 588 | -50 |
| Guangzhou | 4,370 | 606 | -50 | ||
| Beijing | 4,210 | 584 | -60 | ||
| Average price | 4,273 | 593 | -53 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,760 | 522 | -50 |
| Guangzhou | 3,760 | 522 | -40 | ||
| Beijing | 3,700 | 513 | -20 | ||
| Average price | 3,740 | 519 | -37 | ||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,630 | 504 | -50 |
| Guangzhou | 3,760 | 522 | -40 | ||
| Beijing | 3,630 | 504 | -20 | ||
| Average price | 3,673 | 510 | -37 |
All the above prices include 13 percent VAT.
$1 = RMB 7.209
