Local Chinese steel pipe prices have fluctuated slightly during the past week.
Local Chinese seamless pipe prices have remained stable or rebounded slightly during the past week, supported by some upward movements in prices of billets and other raw materials, though most traders have kept their prices unchanged in order to close more deals. Overall trading activity has been at normal levels. As for the week ahead, it is believed that seamless pipe prices may fluctuate slightly.
Chinese domestic welded pipe prices have fluctuated and softened slightly during the past week. Overall trading activity has been at normal levels. Most welded pipe traders chose to slightly reduce their quoted prices in order to conclude more deals. As for the week ahead, it is believed that welded pipe prices may indicate small fluctuations.
Seamless pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,290 |
595 |
20 |
Guangzhou |
4,430 |
615 |
0 |
||
Beijing |
4,330 |
601 |
0 |
||
Average price |
4,350 |
603 |
7 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,260 |
591 |
20 |
Guangzhou |
4,370 |
606 |
0 |
||
Beijing |
4,210 |
584 |
0 |
||
Average price |
4,280 |
594 |
7 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
3,740 |
519 |
-20 |
Guangzhou |
3,720 |
516 |
-40 |
||
Beijing |
3,700 |
513 |
0 |
||
Average price |
3,720 |
516 |
-20 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
3,610 |
501 |
-20 |
Guangzhou |
3,720 |
516 |
-40 |
||
Beijing |
3,630 |
504 |
0 |
||
Average price |
3,653 |
507 |
-20 |
All the above prices include 13 percent VAT.
$1 = RMB 7.209
