API 5L steel pipe price and price influencing factors
API 5L steel pipe: According to data from Alibaba and other platforms, the starting price of 12 tons of API 5L seamless pipe made of L245N is 4,800 yuan/ton. Gr.B PSL1\PSL2 seamless steel pipe is about 2,700 yuan/ton.
ASTM A53 steel pipe: Thick-walled seamless steel pipe made of ASTM A53 Gr.B, the starting price of 300 tons and above is 6,320 yuan/ton. ASTM A53-Gr.A American standard seamless square tube, the starting price of 1 kg is 5.5 yuan.
GB/T 9711 steel pipe: GB/T 9711 X56 pipeline pipe for oil and gas transportation, the starting price of 10 tons is 4,900 yuan/ton. Cangzhou Xinfa Liyuan Steel's GB/T9711 national standard spiral steel pipe, the starting price of 3 tons is 3,980 yuan/ton.
SY/T 5037 steel pipe: On February 19, 2025, the price of spiral pipes produced by Handan Zhengda with specifications of 325 6 and material of Q235B (SY/T5037-2023) was 3,740 yuan/ton in the Taiyuan market.
Overall, the prices of different grades of steel pipes vary greatly due to factors such as material, specification, market supply and demand. The price of API 5L steel pipe is at a medium level, among which the price of low steel grades such as Gr.B is relatively low, and the price of high steel grades such as X70 and X80 will rise. Compared with other grades of steel pipes, the price of A53 Gr.B thick-walled seamless pipes in ASTM A53 steel pipes is relatively high, while A53-Gr.A seamless square tubes are difficult to compare directly because they are priced by kilogram and have smaller specifications. The price of GB/T 9711 steel pipes is similar to the price of some steel grades in API 5L steel pipes. The price of SY/T 5037 steel pipe is relatively cheap. For example, the price of spiral pipe made of Q235B material in Taiyuan market is about 3,700 yuan/ton.
The price of API 5L steel pipe is affected by many factors, as follows:
Cost factors
Raw material cost: Steel is the main raw material for producing API 5L steel pipe. The fluctuation of global iron ore, scrap steel and other prices will directly affect the price of steel, and then affect the cost and price of API 5L steel pipe.
Energy cost: In the process of steel pipe production, such as smelting and rolling, a large amount of energy is consumed. The rise or fall of energy prices such as electricity and natural gas will increase or decrease the production cost, thereby affecting the price of steel pipe.
Labor cost: Labor cost is also one of the important costs in the production process. With the changes in the supply and demand relationship in the labor market and the adjustment of the minimum wage standard, the labor cost will change accordingly, affecting the price of API 5L steel pipe.
Equipment depreciation and maintenance costs: Steel pipe manufacturers need to invest a lot of money to purchase production equipment, which will depreciate during use and require regular maintenance. These costs will be allocated to the product price.
Market supply and demand factors
Market demand: When international oil prices rise, oil and gas companies increase investment and mining activities, and the demand for API 5L steel pipes increases. If the supply is relatively insufficient, the price will rise. In addition, the development of infrastructure construction, real estate market and other fields will also affect its demand.
Market supply: If steel pipe manufacturers are affected by environmental protection policies, overcapacity and other factors, and there are production restrictions or suspensions, the market supply will decrease and push up prices. Changes in trade policies and international market supply will also affect domestic market supply, which in turn affects prices.
Product characteristics factors
Steel grade and material: API 5L steel pipes of different steel grades such as Gr.B, X52, X70, etc. have different properties such as strength and toughness, and the production process and cost are also different. The price of high-grade steel pipes is usually higher. Materials containing special alloy elements will also be more expensive than ordinary steel pipes.
Specifications: API 5L steel pipes with large diameters and thick walls are difficult to produce, require more consumables, and are relatively expensive. Small diameter and thin wall steel pipes are relatively cheaper.
Anti-corrosion treatment: API 5L steel pipes that have undergone special anti-corrosion treatments, such as 3PE anti-corrosion and epoxy powder anti-corrosion, will be more expensive than ordinary steel pipes due to the increased anti-corrosion treatment costs.
Macroeconomic and policy factors
Macroeconomic situation: During periods of strong economic growth, the increased demand for steel pipes in various industries will drive up the price of API 5L steel pipes; during economic recessions, demand will decrease and prices may fall.
International trade policies: Changes in international trade policies such as trade disputes and tariff adjustments will affect the import and export of API 5L steel pipes, and thus affect market supply and demand and prices.
Environmental protection policies: Strengthening environmental protection policies may lead to production restrictions and suspensions in some steel companies, affecting the supply of steel pipes and causing prices to rise.
Other factors
Exchange rate changes: For companies that import steel pipes or rely on imported raw materials, exchange rate fluctuations will affect the import cost, which in turn affects the price of API 5L steel pipes.
Brand and quality: API 5L steel pipes with well-known brands and guaranteed quality usually have higher recognition and added value in the market, and the price is relatively high.
Transportation cost: Transportation distance, transportation mode, and price fluctuations in the transportation market will affect the final price of API 5L steel pipes. If long-distance transportation is required or transportation costs rise, the price of steel pipes will also be affected.
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