Local Chinese steel pipe prices have indicated a slight upward trend during the past week.
Local Chinese seamless pipe prices have increased by small margins during the past seven days, supported by the increases seen in prices of billet and raw materials. Overall trading activity has been at normal levels. As for the week ahead, it is believed that seamless pipe prices may indicate minor fluctuations.
Local Chinese welded pipe prices have rebounded slightly during the past week on the back of rises in prices of steel strip and raw materials. Overall trading activity is still at normal levels. 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 ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,590 |
644 |
0 |
Guangzhou |
4,650 |
653 |
30 |
||
Beijing |
4,620 |
648 |
30 |
||
Average price |
4,620 |
648 |
20 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,560 |
640 |
0 |
Guangzhou |
4,590 |
644 |
30 |
||
Beijing |
4,470 |
627 |
10 |
||
Average price |
4,540 |
637 |
13 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,080 |
573 |
40 |
Guangzhou |
4,040 |
567 |
20 |
||
Beijing |
4,010 |
563 |
50 |
||
Average price |
4,043 |
567 |
37 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
3,950 |
554 |
40 |
Guangzhou |
4,040 |
567 |
20 |
||
Beijing |
3,940 |
553 |
50 |
||
Average price |
3,977 |
558 |
37 |
All the above prices include 13 percent VAT.
$1 = RMB 7.125
