Local Chinese steel pipe prices have moved sideways or indicated minor fluctuations during the past week.
Local Chinese seamless pipe prices have followed a stable trend during the past seven days amid just small fluctuations in billet prices. Overall trading activity has been sluggish. As for the week ahead, it is believed that seamless pipe prices may see a small rebound.
Chinese domestic welded pipe prices have indicated minor fluctuations during the past week, against the back of fluctuations in prices of steel strip and raw materials on the upstream side. Overall trading activity has remained weak As for the week ahead, it is believed that welded pipe prices may indicate slight increases.
Seamless pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,320 |
609 |
0 |
Guangzhou |
4,450 |
627 |
0 |
||
Beijing |
4,380 |
617 |
0 |
||
Average price |
4,383 |
618 |
0 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,290 |
604 |
0 |
Guangzhou |
4,370 |
616 |
0 |
||
Beijing |
4,270 |
602 |
0 |
||
Average price |
4,310 |
607 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
3,670 |
517 |
30 |
Guangzhou |
3,530 |
497 |
-20 |
||
Beijing |
3,530 |
497 |
40 |
||
Average price |
3,577 |
504 |
17 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
3,540 |
499 |
30 |
Guangzhou |
3,530 |
497 |
-20 |
||
Beijing |
3,460 |
487 |
40 |
||
Average price |
3,510 |
495 |
17 |
All the above prices include 13 percent VAT.
$1 = RMB 7.098