Local Chinese steel pipe prices have mostly moved down slightly during the past week.
Local Chinese seamless pipe prices have either moved sideways or down slightly during the past seven days, against the backdrop of decreases in billet prices. Overall trading activity has been at a normal level. As for the week ahead, it is believed that seamless pipe prices may follow a fluctuating trend.
Chinese domestic welded pipe prices have softened slightly during the past week amid minor decreases seen in prices of 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 by small margins.
Seamless pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ108 mm x 4.5 mm |
20# (GB/T8162-1999) |
Shanghai |
4,640 |
652 |
0 |
Guangzhou |
4,690 |
659 |
-70 |
||
Beijing |
4,650 |
653 |
-60 |
||
Average price |
4,660 |
654 |
-43 |
||
Φ219 mm x 6 mm |
20# (GB/T8163-1999) |
Shanghai |
4,610 |
647 |
0 |
Guangzhou |
4,610 |
647 |
-70 |
||
Beijing |
4,520 |
635 |
-60 |
||
Average price |
4,580 |
643 |
-43 |
All the above prices include 13 percent VAT.
Welded pipe prices
Spec |
Category |
Origin |
Price (RMB/mt) |
Price ($/mt) |
Weekly Change (RMB/mt) |
Φ48 mm x 3.25 mm |
Q195-Q215 |
Shanghai |
4,170 |
586 |
-20 |
Guangzhou |
4,100 |
576 |
-50 |
||
Beijing |
3,990 |
560 |
-20 |
||
Average price |
4,087 |
574 |
-30 |
||
Ф114 mm x 3.75 mm |
Q215-Q235 |
Shanghai |
4,040 |
567 |
-20 |
Guangzhou |
4,100 |
576 |
-50 |
||
Beijing |
3,920 |
550 |
-20 |
||
Average price |
4,020 |
564 |
-30 |
All the above prices include 13 percent VAT.
$1 = RMB 7.122