The local Chinese steel pipe prices have followed a stable trend during the past week.
Local Chinese seamless pipe prices have followed a stable trend during the past week. Overall trading activity has been at a very low level, with most buyers already on holiday. As for the week ahead, it is believed that seamless pipe prices will continue their stable trend.
Chinese domestic welded pipe prices have also moved sideways during the past seven days. Overall trading activity has almost been at a standstill since downstream buyers have already exited the market. As for the week ahead, it is believed that welded pipe prices will remain unchanged during the holiday.
Seamless pipe prices
|
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,860 |
684 |
0 |
|
Guangzhou |
5,040 |
709 |
0 |
||
|
Beijing |
4,930 |
694 |
0 |
||
|
Average price |
4,943 |
696 |
0 |
||
|
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,830 |
680 |
0 |
|
Guangzhou |
4,960 |
698 |
0 |
||
|
Beijing |
4,820 |
678 |
0 |
||
|
Average price |
4,870 |
685 |
0 |
All the above prices include 13 percent VAT.
Welded pipe prices
|
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
|
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,480 |
630 |
0 |
|
Guangzhou |
4,520 |
636 |
0 |
||
|
Beijing |
4,290 |
604 |
0 |
||
|
Average price |
4,430 |
623 |
0 |
||
|
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
4,350 |
612 |
0 |
|
Guangzhou |
4,520 |
636 |
0 |
||
|
Beijing |
4,210 |
592 |
0 |
||
|
Average price |
4,360 |
614 |
0 |
All the above prices include 13 percent VAT.
$1 = RMB 7.106