Local Chinese steel pipe prices have followed a mostly stable trend during the past week.
Chinese domestic seamless pipe prices have moved sideways or down slightly during the past seven days. Overall trading activity has remained at a low level, leading some traders to reduce their quoted prices slightly. As for the week ahead, it is believed that seamless pipe prices may continue a mostly stable trend.
Local Chinese welded pipe prices have followed a stable trend during the past week. Overall trading activity is still weak. Upstream, prices of steel strip and other raw materials have fluctuated by small margins. As for the week ahead, it is believed that welded pipe prices may move sideways or down slightly.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,220 |
598 |
0 |
| Guangzhou | 4,280 |
606 |
-30 |
||
| Beijing | 4,190 |
594 |
0 |
||
| Average price | 4,230 |
599 |
-10 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,190 |
594 |
0 |
| Guangzhou | 4,180 |
592 |
-30 |
||
| Beijing | 4,090 |
579 |
0 |
||
| Average price | 4,153 |
588 |
-10 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,720 |
527 |
0 |
| Guangzhou | 3,600 |
510 |
0 |
||
| Beijing | 3,570 |
506 |
0 |
||
| Average price | 3,630 |
514 |
0 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,590 |
509 |
0 |
| Guangzhou | 3,600 |
510 |
0 |
||
| Beijing | 3,500 |
496 |
0 |
||
| Average price | 3,563 |
505 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 7.058
