Local Chinese steel pipe prices have followed a mostly stable trend during the past week.
Local Chinese seamless pipe prices have move sideways during the past seven days, amid just minor fluctuations seen in upstream billet prices. Overall trading activity has remained at a low level. As for the week ahead, it is believed that seamless pipe prices may continue a mostly stable trend.
Local Chinese welded pipe prices have continued a mostly stable trend the during the past week, though with some downticks seen also. Overall trading activity remains weak especially due to the approach of the Chinese New Year holiday. As for the week ahead, it is believed that welded pipe prices may continue a mostly stable trend.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,230 |
608 |
0 |
| Guangzhou | 4,310 |
620 |
0 |
||
| Beijing | 4,170 |
599 |
0 |
||
| Average price | 4,237 |
609 |
0 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,200 |
604 |
0 |
| Guangzhou | 4,210 |
605 |
0 |
||
| Beijing | 4,070 |
585 |
0 |
||
| Average price | 4,160 |
598 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,680 |
529 |
0 |
| Guangzhou | 3,580 |
515 |
0 |
||
| Beijing | 3,540 |
509 |
-20 |
||
| Average price | 3,600 |
517 |
-7 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,550 |
510 |
0 |
| Guangzhou | 3,580 |
515 |
0 |
||
| Beijing | 3,470 |
499 |
-20 |
||
| Average price | 3,533 |
508 |
-7 |
All the above prices include 13 percent VAT.
$1 = RMB 6.957