December 04, 2008

Seamless pipe prices on up ward trend in China

It is reported that due to sharp increase in material cost, the pipe mills in China have raised their domestic prices recently.

Currently, seamless pipe with outside diameter less than 108mm has been quoted at around USD 700 per tonne in Shandong Market. Zhenda mill has offered seamless steel pipe with 219mm outside diameter and 6mm wall thickness at USD 728 per tonne.

Seamless tube makers expect that the pipe price will keep rising since the current stock can not meet the demand.