Czech seamless pipe suppliers under pressure from lack of demand and strong competition

Wednesday, 09 July 2014 17:55:30 (GMT+3)   |  
       

Seamless pipe suppliers in the Czech Republic have continued to face acute pressure from lack of demand, sluggish euro zone growth and increased competition from Chinese exports. However, Czech suppliers have managed to keep their export offers stable over the past month, but demand is very weak ahead of the seasonally slow summer period. The market situation is unlikely to improve before September, and prices may move sideways for the rest of summer as demand is expected to slow down even more with the holiday season starting.

Current export prices for 3"-10" Sch 40 seamless bare pipes (without varnish coating) of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at €850-890/mt ($1,156-1,210/mt), while 3/4"-1" seamless pipes are at €970-1,030/mt ($1,319-1,401/mt) FCA.

Current export quotations for 3"-10" Sch 40 seamless pipes of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at around €880-920/mt ($1,197-1,251/mt) FCA, while 3/4"-1" seamless pipes are at €1,000-1,060/mt ($1,360-1,442/mt) FCA. Export offers of 3"-4" Sch 40 seamless pipes of grade B as per API 5L, PSL 2 are at about €910-950/mt ($1,238-1,292/mt) FCA.


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