CIS seamless pipe exporters see limited activity

Friday, 29 May 2015 17:46:34 (GMT+3)   |   Dnepropetrovsk
       

CIS seamless pipe exports have seen limited trading activity over the past month amid soft demand from foreign buyers and stiff competition from Chinese exporters, while prices have remained broadly unchanged, though some pipe producers have tried to increase their offers by $10/mt. However, foreign demand for standard seamless pipes remains too weak to support any price increase amid poor demand from end-users.
Market players remain pessimistic about the coming market prospects given likely subdued trading activity from key market outlets in the summer.
 
Export prices from Ukrainian mill Interpipe for 2"-6" seamless pipes of grade B made to ASTM A106 are quoted at around $810-850/mt FOB for the Middle Eastern market, while pipes as per EN are offered at about $770-800/mt ex-works for the European market.
 
Export offers of seamless pipes of 60-168 mm diameter, of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106, from Ukraine's Dnepropetrovsk Tube Works are at $840-855/mt FOB.
 
Russia-based ChTPZ Group's export quotations for hot-formed pipes with diameter of 60.3-219 mm of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106 are at $800-830/mt FOB.
 
Seamless pipes with 57-219 mm diameter of 10, 20 steel grades as per GOST 8731/8732 from Volzhsky Pipe Plant (TMK Group, Russia) are quoted in the range of $880-910/mt FOB.

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