Local Chinese steel pipe prices have followed a stable trend during the past week.
Chinese seamless pipe prices have followed a stable trend during the past week. Overall trading activity has continued to slacken and been at a very low level due to the approach of the Chinese New Year holiday. Upstream billet prices increased, supporting seamless pipe prices. As for the week ahead, it is believed that seamless pipe prices will continue to move sideways.
Local Chinese welded pipe prices have also indicated a stable trend during the past seven days. Overall trading activity and demand is very low due to the approaching holiday period, while supply has declined significantly. As for the week ahead, it is believed that welded pipe prices will continue their stable trend.
Seamless pipe prices
|
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
5,170 |
764 |
0 |
|
Guangzhou |
5,340 |
789 |
0 |
||
|
Beijing |
5,140 |
759 |
0 |
||
|
Average price |
5,217 |
771 |
0 |
||
|
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
5,140 |
759 |
0 |
|
Guangzhou |
5,290 |
782 |
0 |
||
|
Beijing |
5,020 |
742 |
0 |
||
|
Average price |
5,150 |
761 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
|
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,550 |
672 |
0 |
|
Guangzhou |
4,620 |
683 |
0 |
||
|
Beijing |
4,490 |
663 |
0 |
||
|
Average price |
4,553 |
673 |
0 |
||
|
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
4,560 |
674 |
0 |
|
Guangzhou |
4,620 |
683 |
0 |
||
|
Beijing |
4,410 |
652 |
0 |
||
|
Average price |
4,530 |
669 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 6.768