China welded pipe export offers up

Dec 20, 2009 | 07:00 PM |

Chinese pipe producers are lifting export offers despite bleak demand as costs rise and local demand remains healthy.

Offers for API linepipe of 219 mm outside diameter, 2-8 mm wall thickness have risen to $680-690 per tonne fob, from $610-625 per tonne last month.

Producers mostly attributed the price hike to rising production costs, which have grown by 200-500 yuan ($29-73) per tonne in the past month.....

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