Chinese Steel pipe export offer prices move sidewaysDuring the week, average Chinese steel pipe export offer prices have noved on a stable trend. At present, export offers for API 5L Seamless pipe given by Chinese suppliers are in the range of $ 595-680/mt. FOB,while export offers for API 5L welded pipe given by Chinese suppliers are at $ 510-530/mt FOB, December shipment.
Rebar futures prices at Shanghai Futures, Exchange( SHFF) stood at RMB 3,441/mt( $491/mt) on November6, up RMB 68/mt ( $9.7/mt) lending facility( MLF) operations, which may positively affect steel prices in the near future despite the approach of the offseason during the cold winder.
Tags: pipe, tubular, steelmaking, API 5L seamless pipe, casing, tubing, welded pipes, steel pipe,