Local Chinese steel pipe prices have indicated a mostly stable trend during the past week.
Local Chinese seamless pipe prices have mostly moved sideways during the past seven days, though some small increases have also been seen. Overall trading activity has been at normal levels. Due to the sales season and the warmer weather in northern China, some improvements in demand have led certain traders to increase their quoted prices slightly. As for the week ahead, it is believed that seamless pipe prices may indicate minor fluctuations, with some upticks possible.
Local Chinese welded pipe prices have followed a stable trend during the past week. Overall trading activity has improved slightly and is considered to be at normal levels. While upstream steel strip and raw material prices have indicated a soft trend, the demand side has continued to improved, leading most welded pipe traders to keep their quoted prices stable. As for the week ahead, it is believed that welded pipe prices may just fluctuate by small margins.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,280 |
623 |
0 |
| Guangzhou | 4,370 |
637 |
0 |
||
| Beijing | 4,200 |
612 |
20 |
||
| Average price | 4,283 |
624 |
7 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,250 |
619 |
0 |
| Guangzhou | 4,270 |
622 |
0 |
||
| Beijing | 4,100 |
597 |
20 |
||
| Average price | 4,207 |
613 |
7 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,750 |
546 |
0 |
| Guangzhou | 3,600 |
524 |
0 |
||
| Beijing | 3,610 |
526 |
0 |
||
| Average price | 3,653 |
532 |
0 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,620 |
527 |
0 |
| Guangzhou | 3,600 |
524 |
0 |
||
| Beijing | 3,540 |
516 |
0 |
||
| Average price | 3,587 |
522 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 6.865
