China steel pipe price trend
(FOB, USD/MT)
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Overall pipe prices kept going up until 1st week of Feb. Then, it turned downward drastically.
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The main reason for decrease in prices,
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Chinese currency (USD/CNY) got weaker than before Jan, which made FOB price 2.53% cheaper.
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Changes in specific product prices are as follows ;
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SMLS Line Pipe : SMLS price has stabilized around $730 ~ $740 for the last 2 months.
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ERW Round : Price dropped to $634.
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ERW Square : Price dropped to $652.
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* Prices above are average prices of each product from major manufacturers
** Sizes of each item are as follows ; SMLS API 5L Gr.B/X42 : 6" X SCH40 ERW Round & Hot-dip galva : 6 3/4" X 1.5" ERW Square, Hot-dip galva : 20*20mm X 1"
Current Offer Price (As of 3th Feb, 2020)
Terms for all pipe items
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FOB Chinese port, MOQ 10MT per each size
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Production : 45 ~ 60 days from order confirmation
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If you need pipes in less than 40 days, please refer to our stock list.
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Estimated freight fares by destination from China port
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South America : $40, Middle East : 50$, East & South East Asia : 30$, Africa : $60, Australia & New Zealand : $40 (USD/MT)
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1) SMLS Line Pipe - API 5L / ASTM A106 Gr.B/X42 PSL1
(USD/MT)
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Additional cost for higher spec : X42 PSL2 +$20, X46 +$40, X52 +$50, X56 +$50, X60 +$60, X65 +$60, X70 $70, X80 +$80, X100 +$100
2) OCTG
(USD/MT)
3) ERW Round & Square/Rect. - ASTM A500 Gr.B
(USD/MT)