Export quotations of seamless pipes from Russian and Ukrainian producers have not been revised for February production due to continuing weak demand from foreign buyers, while only US customers have remained active. However, Russian exporters plan to increase their prices in the middle of February for March production as demand is expected to improve in March ahead of the new season. Higher production expenses will also push up export quotations of seamless pipes from Russia and Ukraine.
Export prices from Ukrainian mill Interpipe for February production hot-formed seamless pipes of 42-159 mm diameter as per GOST or ASTM currently vary in the range of $970-1,000/mt FOB, while quotations of pipes of 168-325 mm diameter are at $1,010-1,060/mt FOB.
Duferco is offering seamless pipes (Dnepropetrovsk Tube Works, Ukraine) of 60-168 mm diameter as per GOST at around $1,090-1,100/mt FOB from February production, while pipes of 42-48 mm diameter are quoted at $1,120-1,130/mt FOB.
Export offers of February production seamless hot-formed pipes with diameter of 57-245 mm made to GOST or ASTM from Russian producer TMK's subsidiary Volzhsky Pipe Plant are at $1,030-1,050/mt FOB, while quotations of seamless pipes with diameters up to 425 mm are at $1,100-1,110/mt FOB. Export offers of seamless pipes with 57-425 mm diameter, made to DIN or EN, from Volzhsky PP are at $1,340-1,360/mt FOB.
Seamless pipes with 60-219 mm diameter as per GOST or ASTM from Tagmet (TMK Group) are quoted in the range of $1,070-1,080/mt FOB for February production, while pipes made to DIN or EN are at $1,130-1,150/mt FOB.
Seamless hot-formed pipes with diameter of 73-168 mm made to GOST from Sinarsky PP are quoted at $1,180-1,200/mt FOB, while offers of seamless pipes as per ASTM or DIN are at $1,300-1,350/mt FOB.
Export offers of Russian seamless pipes of 33-219 mm diameter, made to GOST, from Uraltrubostal (Pervouralsky Novotrubny Works) are at $1,000-1,020/mt FOB, for February-March output.