Local Chinese steel pipe prices have followed a downward trend during the past week.
Local Chinese seamless pipe prices have followed a soft trend during the past seven days, amid lower prices for billet and raw materials. Overall trading activity has been at normal levels. As for the week ahead, it is believed that seamless pipe prices may indicate small fluctuations.
Chinese domestic welded pipe prices have also moved down during the past week, given the price declines seen for steel strip and raw materials. Overall trading activity has remained at normal levels. As for the week ahead, it is believed that welded pipe prices may move up slightly.
Seamless pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,590 |
644 |
-50 |
Guangzhou |
4,620 |
648 |
-70 |
||
Beijing |
4,590 |
644 |
-60 |
||
Average price |
4,600 |
645 |
-60 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,560 |
640 |
-50 |
Guangzhou |
4,560 |
640 |
-50 |
||
Beijing |
4,460 |
626 |
-60 |
||
Average price |
4,527 |
635 |
-53 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,040 |
567 |
-130 |
Guangzhou |
4,020 |
564 |
-80 |
||
Beijing |
3,960 |
555 |
-30 |
||
Average price |
4,007 |
562 |
-80 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
3,910 |
548 |
-130 |
Guangzhou |
4,020 |
564 |
-80 |
||
Beijing |
3,890 |
546 |
-30 |
||
Average price |
3,940 |
553 |
-80 |
All the above prices include 13 percent VAT.
$1 = RMB 7.129