Local Chinese steel pipe prices have continued to follow a mostly stable trend during the past seven days.
Chinese domestic seamless pipe prices have moved sideways or down slightly during the past week. Overall trading activity is still weak due to the off-season, causing some traders to slightly reduce their quoted prices. As for the week ahead, it is believed that seamless pipe prices may continue a mostly stable trend.
Local Chinese welded pipe prices have showed a stable trend during the past week, supported by just minor fluctuations in steel strip prices. Overall trading activity has remained at a low level due to the off-season and the cold weather. As for the week ahead, it is believed that welded pipe prices will remain mostly stable or just fluctuate slightly for some product grades.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,200 |
593 |
0 |
| Guangzhou | 4,310 |
609 |
-20 |
||
| Beijing | 4,190 |
592 |
0 |
||
| Average price | 4,233 |
598 |
-7 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,170 |
589 |
0 |
| Guangzhou | 4,210 |
595 |
-20 |
||
| Beijing | 4,090 |
578 |
0 |
||
| Average price | 4,157 |
587 |
-7 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,730 |
527 |
0 |
| Guangzhou | 3,580 |
506 |
0 |
||
| Beijing | 3,600 |
509 |
0 |
||
| Average price | 3,637 |
514 |
0 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,600 |
509 |
0 |
| Guangzhou | 3,580 |
506 |
0 |
||
| Beijing | 3,530 |
499 |
0 |
||
| Average price | 3,570 |
504 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 7.078
