Tianjin Pipe Corp. (TPCO), the largest seamless steel pipe maker in China released its price policy for December.
The company decided to cut the prices of seamless steel pipe by RMB100/ton.
After the adjustment, the ex-factory prices of seamless steel pipes in dimension of 108*4.5 are at RMB5,950/ton; that in dimension of 219*6 is at RMB5,850/ton and that in dimension of 325*8 is at RMB5,820/ton.
The above prices don't include taxes and become effective from December 1st, 2011