As of May 16th, the national average price for welded pipes was 4,063 yuan/ton, down 2 yuan/ton from the previous trading day; the national average price for galvanized pipes was 4,697 yuan/ton, down 1 yuan/ton from the previous trading day; the national average price for seamless pipes remained unchanged at 4,810 yuan/ton.

Welded and galvanized steel tubes: In South China today, the prices of welded and galvanized steel tubes remain stable. The price of 355mm steel coil saw a strong afternoon surge. Today, mainstream tube manufacturers cautiously adjusted their prices. The national output of welded steel tubes has stopped decreasing and started to increase, raw material inventory has slightly decreased, factory inventory continues to be reduced, and raw material inventory has slightly decreased, with the tube factory operating rates slightly increasing.Seamless steel pipe: Today, the price of seamless steel pipes in the South China region remains stable. In terms of raw materials, the price of billets nationwide is stable with a slight upward trend, with an increase of 10-20 yuan/ton in Shandong and some billet prices in Jiangsu remaining stable. The mainstream seamless steel pipe manufacturers are experiencing fluctuations and consolidation in prices, with a slight increase in inventory.