Most local Chinese steel pipe prices have continued to move down by small margins during the past week.
Local Chinese seamless pipe prices have continued to soften slightly during the past seven days amid the weakness of overall trading activity and demand due to the off-season, though some support came from slight rebounds in upstream billet prices. As for the week ahead, it is believed that seamless pipe prices indicate minor fluctuations.
Chinese domestic welded pipe prices have either moved sideways or softened by small margins during the past week, amid weak trading activity, though increases in prices of steel strip and raw materials have caused many welded pipe traders to keep their quoted prices stable. As for the week ahead, it is believed that welded pipe prices will fluctuate by small margins.
Seamless pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,710 |
660 |
-30 |
Guangzhou |
4,910 |
689 |
-20 |
||
Beijing |
4,780 |
670 |
-20 |
||
Average price |
4,800 |
673 |
-23 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,680 |
656 |
-30 |
Guangzhou |
4,830 |
677 |
-20 |
||
Beijing |
4,670 |
655 |
-20 |
||
Average price |
4,727 |
663 |
-23 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,100 |
575 |
-50 |
Guangzhou |
4,060 |
569 |
0 |
||
Beijing |
4,050 |
568 |
0 |
||
Average price |
4,070 |
571 |
-17 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
3,970 |
557 |
-50 |
Guangzhou |
4,060 |
569 |
0 |
||
Beijing |
3,980 |
558 |
0 |
||
Average price |
4,003 |
561 |
-17 |
All the above prices include 13 percent VAT.
$1 = RMB 7.131
