No significant changes have been observed in the Czech seamless pipe market over the past month. Czech seamless pipe producers are still meeting weak demand from consuming industries. Nevertheless, export quotations of Czech seamless pipes have remained stable. Meanwhile, producers are looking to slim down operations in the summer vacation period due to a lack of orders. The market is unlikely to see any significant changes in the coming month, and demand is expected to remain sluggish. However, market players believe that bottom price levels have been reached already and they expect to see stable prices with possibly some small recovery later in the third quarter.
Current export prices for 2"-3" Sch 40 seamless bare pipes (without varnish coating) of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at €960-970/mt ($1,177-1,189/mt) for August rolling, while 1/2"-1" seamless pipes are at €1,090-1,110/mt ($1,336-1,360/mt) FCA.
Current export quotations for 3"-10" Sch 40 seamless pipes of steel grade B made to ASTM A106 with varnish coating from ArcelorMittal Ostrava are at €990-1,000/mt ($1,213-1,225/mt) FCA for August rolling, while 1/2"-1" seamless pipes are at €1,120-1,140/mt ($1,373-1,397/mt) FCA.
Export offers of 3"-10" seamless steel tubes of steel grade B made to API 5L, PSL2 from ArcelorMittal Ostrava are at around €1,020-1,030/mt ($1,250-1,263/mt) FCA.
€1 = $1.226