Recently, the seamless steel pipe prices have remained stable in Chinese Wuhan market.
At present, the quotes of seamless steel pipes in a dimension of 57*3.5mm originated from Shandong are at RMB5,300/ton; that in a dimension of 108*4.5mm is at RMB5,050/ton.
Industry sources said that the seamless steel pipe prices have kept stable in Wuhan market; however, they predicted that the prices may decrease in the near future by the coming of slack season and soft demand