Pipe prices in local Chinese market

Product Name

Specification

Category

City

Steel Plant/Origin

 Price (RMB/mt)

Price ($/mt)

Weekly Change(RMB/mt)

Seamless pipe

Φ108 mm x 4.5 mm

20#

Shanghai

Jiangsu Xi Steel

4,700

688

- 

Guangzhou

Xinyu Steel

5,150

754

 -

Beijing

Tong Steel

4,800

703

 -

Average price

4,883

715

 -

Welded pipe

Φ48 mm x 3.25 mm

Q195-235

Shanghai

Huaqi Steel/Lida Steel

3,950

578

-

Guangzhou

Rong Steel

4,150

608

- 

Beijing

Youfa Steel/Huaqi Steel/Zengzhou Steel

3,950

578

+50

Average price

4,017

588

+17