Seamless steel pipe price trend on March 4, 2026

Hit：72026-03-04 10:05:01　

Seamless steel pipe price trend on March 4, 2026
1、 Market transaction dynamics
On March 3rd, the total daily transaction volume of 124 seamless pipe trading sample enterprises nationwide was 12047 tons, a decrease of 9.6% month on month and 5.2% year-on-year (lunar calendar). The transaction volume in East China experienced the largest decline, reaching 12.7%.
The weak transaction reflects that the current market demand has not been fully released, and the price may maintain a stable to weak operation in the short term.
Considering your interest in the industrial materials market, if it is needed for procurement decision-making, it is recommended to further inquire based on specific specifications, regions, and suppliers to obtain accurate quotes.

2、 Benchmark price and cost reference
The benchmark price for seamless pipes in Shengyi Society is 4040.00 yuan/ton as of March 3, 2026, which is the same as the beginning of this month. This price is the model guidance price, which will be adjusted in actual transactions based on factors such as logistics, brand, and payment terms (formula: settlement price=benchmark price x K+C)
3、 Mainstream market quotation
Domestic Φ 108 * 4.5 seamless pipe: On March 3rd, the ex factory price and market guidance price in many places were concentrated around 4600 yuan/ton, with slight differences due to regions and brands.
219 * 6 specification seamless steel pipe (20 # material): In early March, the national circulation market price was 4677.8 yuan/ton, a decrease of 0.4% compared to the previous period. However, this data is for March 2024 and is for reference only.