Local Chinese steel pipe prices have continued their stable trend during the past week.
Local Chinese seamless pipe prices have continued their stable trend during the past seven days. Overall trading activity has improved slightly but is still considered to be weak. Upstream billet prices have just fluctuated by small margins. As for the week ahead, it is believed that seamless pipe prices may indicate slight fluctuations.
Local Chinese welded pipe prices moved sideways during the past week, while overall trading activity has remained weak. Upstream steel strip and raw material prices have edged up lately, providing support for welded pipe prices. As for the week ahead, it is believed that welded pipe prices may move up by small margins as demand starts to recover.
Seamless pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ108 mm x 4.5 mm | 20# (GB/T8162-1999) | Shanghai | 4,230 |
613 |
0 |
| Guangzhou | 4,310 |
625 |
0 |
||
| Beijing | 4,170 |
604 |
0 |
||
| Average price | 4,237 |
614 |
0 |
||
| Φ219 mm x 6 mm | 20# (GB/T8163-1999) | Shanghai | 4,200 |
609 |
0 |
| Guangzhou | 4,210 |
610 |
0 |
||
| Beijing | 4,070 |
590 |
0 |
||
| Average price | 4,160 |
603 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
| Spec | Category | Origin | Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
| Φ48 mm x 3.25 mm | Q195-Q215 | Shanghai | 3,680 |
533 |
0 |
| Guangzhou | 3,580 |
519 |
0 |
||
| Beijing | 3,540 |
513 |
0 |
||
| Average price | 3,600 |
522 |
0 |
||
| Ф114 mm x 3.75 mm | Q215-Q235 | Shanghai | 3,550 |
514 |
0 |
| Guangzhou | 3,580 |
519 |
0 |
||
| Beijing | 3,470 |
503 |
0 |
||
| Average price | 3,533 |
512 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 6.901
