Local Chinese steel pipe prices have followed a mostly stable trend during the past week.
Chinese domestic seamless pipe prices have followed a mostly stable trend in the past seven days, with slight downticks also seen. Overall trading activity has been weak. Billet prices, which have fluctuated by small margins, continue to provide support for seamless pipe prices. As for the week ahead, it is believed that seamless pipe prices may just indicate minor fluctuations.
Chinese domestic welded pipe prices have indicated a stable trend during the past week, amid just small fluctuations in prices of steel strip and other raw materials. Overall trading activity has been sluggish. As for the week ahead, it is believed that welded pipe prices may fluctuate slightly.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,340 |
608 |
0 |
| Guangzhou | 4,450 |
624 |
0 |
||
| Beijing | 4,380 |
614 |
-20 |
||
| Average price | 4,390 |
615 |
-7 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,310 |
604 |
0 |
| Guangzhou | 4,380 |
614 |
0 |
||
| Beijing | 4,280 |
600 |
-20 |
||
| Average price | 4,323 |
606 |
-7 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,900 |
547 |
0 |
| Guangzhou | 3,730 |
523 |
0 |
||
| Beijing | 3,770 |
528 |
0 |
||
| Average price | 3,800 |
533 |
0 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,770 |
528 |
0 |
| Guangzhou | 3,730 |
523 |
0 |
||
| Beijing | 3,700 |
519 |
0 |
||
| Average price | 3,733 |
523 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 7.135
