Overseas demand for CIS seamless pipes has not improved over the past month. However, both Ukrainian and Russian seamless pipe exporters have started to increase their offers on the basis of the expected demand rebound in all markets. Over the past month, Ukrainian seamless pipe exporters have increased their offers by $40-100/mt, while Russian suppliers have lifted their offers by $10-40/mt. CIS suppliers expect foreign demand for seamless pipes to increase in the short run due to seasonally higher business activity in autumn. However, Ukrainian and Russian seamless pipe producers will continue to face competition in the international market.
Export prices from Ukrainian producers for 2"-6" seamless pipes of grade B made to ASTM A106 are quoted at around $830-860/mt FOB for the Middle Eastern market, while pipes as per EN are offered at about $750-780/mt ex-works for the European market.
ChTPZ Group's export quotations for hot-formed pipes with diameter of 48.3-114.3 mm made to GOST 8731/8732 from 10, 20 steel grades or as per ASTM A106 are at $750-800/mt FOB.
Seamless pipes with 89-219 mm diameter of steel grade 10, 20 as per GOST from TMK Group are quoted in the range of $800-830/mt FOB.