Chinese welded pipe producers continue to suffer amid slack business activity in all outlets, while there are no signs of improvement in the market. However, domestic and export quotations of Chinese welded pipes have not changed over the past two weeks amid current uncertainties, while buyers are maintaining a wait-and-see approach. The welded pipe market in China will likely continue to be characterized by weakness in the coming period against the background of fierce competition in the export market and the slow demand from consuming industries in China.
Current offers of locally produced 2"-6" welded pipes of grade B as per ASTM A53 are being given to the Chinese domestic market at an average of RMB 4,100-4,200/mt ($661-678/mt) ex-works. These local market welded pipe prices include 17 percent VAT. Traders in Shanghai are offering Q215-Q235 welded pipes made to GB/T3091 at around RMB 3,630-3,730/mt ($586-602/mt) ex-warehouse, while stockists in the cities of Tianjin and Beijing are offering similar pipes at RMB 3,470-3,570/mt ($560-576/mt) ex-warehouse.
Current export prices of welded pipes from large Chinese mills, 2"-10" Sch 40 grade B according to ASTM A53, have stayed at around $620-650/mt FOB on actual weight basis.
Overall slack buying activity for Chinese welded pipes
Marketplace Offers
ERW Longitudinal Galvanized Flat Pipe
External Diamater
21.7 - 139.7 mm
Wall Thickness
12.7 - 127 mm
Tedarikçi
CONARES METAL SUPPLY
ERW Longitudinal Black Pipe
External Diamater
21.3 - 139.7 mm
Wall Thickness
12.7 - 127 mm
Tedarikçi
CONARES METAL SUPPLY
ERW Longitudinal Black Pipe
External Diamater
21.3 - 114.3 mm
Wall Thickness
1.2 - 6 mm
Tedarikçi
INCOSTEEL