FOB likely to hold around $585-590 this week. Coke surge provides upward push, but weak iron ore, sluggish overseas demand, and looming EU tariff deadline cap gains. Expect sideways with slight downside bias.
[JUN 01, 2026] STEEL PIPE PRICE TREND
Raw material costs retreated 40 CNY/MT while RMB depreciation partially offset the decline. Cost support around $585/MT remains the key floor, but EU tariffs and trade headwinds continue to pressure export margins.
[MAY 11, 2026] STEEL PIPE PRICE TREND
Outlook:
ERW pipe FOB prices to hold steady at $599/MT with slight upward bias. Export orders and Middle East demand provide momentum; EU barriers and anti-dumping pressure cap upside. Focus on emerging markets for volume growth.
[MAY 05, 2026] STEEL PIPE PRICE TREND
ERW pipe prices expected to remain stable with mild downside risk. Strip costs anchor the market, but demand recovery remains weak. Focus on SE Asia and Africa orders; EU market largely blocked under CBAM and quota constraints.
We will attend Intersec Middle 2020 during Jan 19-21th, booth number hall 2 - D37, welcome to visit us! - Tianjin United Steel Pipe
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Inspection & Shipping of Seamless Steel Elbow to Europe - Tianjin United Steel Pipe
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