Galvanized steel pipe prices plummet! The latest quotes and inventory analysis of the top 10 steel mills in China in 2025

  1. Reasons for the price plunge

     （1）Supply and demand imbalance

      ①Infrastructure investment slowed down in 2025, and the demand for galvanized steel pipes decreased by 15% (data source: China

   Iron and Steel Association).

      ②Steel mills have excess capacity and inventory backlog exceeds 3 million tons (data from February 2025).

     （2）Cost reduction

Z     Zinc prices fell 12% compared with the same period in 2024, and the cost of galvanizing decreased.

  2. Comparison of quotations of the top 10 steel mills in China

  3. Procurement recommendations

    (1) Regional selection: North China has high inventory and prices are 5%-8% lower than those in East China.

    (2) Procurement timing: Pay attention to the monthly price adjustment policy of steel mills (such as Shagang’s update on the 1st of each month).

  The price of galvanized steel pipes may remain low in the short term. It is recommended to purchase in batches to reduce risks and give priority to steel mills with fast inventory turnover.