Local Chinese steel pipe prices have indicated small fluctuations during the past week.
Local Chinese seamless pipe prices have indicated a mostly stable trend during the past week, though with some small upticks seen in some regions. Overall trading activity has been at normal levels. Upstream billet prices have shown minor fluctuations. As for the week ahead, it is believed that seamless pipe prices will just indicate slight fluctuations.
Local Chinese welded pipe prices have softened slightly during the past week, reflecting minor downticks in prices of steel strip and other raw materials. Overall trading activity has been at normal levels. As for the week ahead, it is believed that welded pipe prices will again fluctuate slightly.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,270 | 600 | 20 |
| Guangzhou | 4,350 | 612 | 0 | ||
| Beijing | 4,330 | 609 | 0 | ||
| Average price | 4,317 | 607 | 7 | ||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,240 | 596 | 20 |
| Guangzhou | 4,280 | 602 | 0 | ||
| Beijing | 4,230 | 595 | 0 | ||
| Average price | 4,250 | 598 | 7 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) | Price ($/mt) | Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,810 | 536 | 0 |
| Guangzhou | 3,670 | 516 | -20 | ||
| Beijing | 3,690 | 519 | -30 | ||
| Average price | 3,723 | 524 | -17 | ||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,680 | 517 | 0 |
| Guangzhou | 3,670 | 516 | -20 | ||
| Beijing | 3,620 | 509 | -30 | ||
| Average price | 3,657 | 514 | -17 |
All the above prices include 13 percent VAT.
$1 = RMB 7.112