Pipe prices in local Chinese market

Friday, 05 March 2010 13:33:12 (GMT+3)   |  
       

 

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

4,750

695

+50

Guangzhou

Xinyu Steel

5,200

761

+50

Beijing

Tong Steel

4,800

703

Average price

4,917

720

+33

Welded pipe

Φ48 mm x 3.25 mm

Q195-235

Shanghai

Huaqi Steel/Lida Steel

3,950

578

Guangzhou

Rong Steel

4,100

600

-50

Beijing

Youfa Steel/Huaqi Steel/Zengzhou Steel

3,950

578

Average price

4,000

586

-17

17 percent VAT is included in all prices.

$1 = RMB 6.83


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