Local Chinese steel pipe prices have followed a stable or slightly upward trend during the past week.
Local Chinese seamless pipe prices have showed a slightly upward trend for most product types during the past week supported by some upticks in billet prices. Overall trading activity has been weak. As for the week ahead, it is believed that seamless pipe prices may follow a mostly stable trend.
Chinese domestic welded pipe prices have followed a stable or slightly upward trend during past seven days, supported by small increases in some steel strip prices. Overall trading activity has been weak. As for the week ahead, it is believed that welded pipe prices may just indicate small fluctuations.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,290 |
597 |
20 |
| Guangzhou | 4,430 |
616 |
0 |
||
| Beijing | 4,370 |
608 |
30 |
||
| Average price | 4,363 |
607 |
17 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,260 |
592 |
20 |
| Guangzhou | 4,340 |
604 |
0 |
||
| Beijing | 4,250 |
591 |
30 |
||
| Average price | 4,283 |
596 |
17 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,750 |
522 |
20 |
| Guangzhou | 3,690 |
513 |
0 |
||
| Beijing | 3,650 |
508 |
0 |
||
| Average price | 3,697 |
514 |
7 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,620 |
503 |
20 |
| Guangzhou | 3,690 |
513 |
0 |
||
| Beijing | 3,580 |
498 |
0 |
||
| Average price | 3,630 |
505 |
7 |
All the above prices include 13 percent VAT.
$1 = RMB 7.190
