Shortage of demand has caused the Iranian seamless pipe market to move on a downward trend during the past month. Prices of domestic production seamless pipes have declined by $20-30/mt over the past month. In the given period, import offers of Chinese, Ukrainian and Russian material have decreased by $10-20/mt. Market insiders believe seamless pipe offers in the country may remain soft in the coming period owing to the unstable economic situation, the lack of liquidity and seasonally-low buying activity.
Current domestic prices for Iranian seamless pipes, 2"-4" grade B made to API 5L, have remained in the range of $950-1,000/mt ex-works.
Stockists' quotations of Iranian 1 1/4"-3" seamless pipes, grade B made to API 5L, are in the range of $1,195-1,310/mt.
Import offers of Chinese seamless pipes, 2"-6", grade B made to ASTM A106/API 5L, are being given to the local Iranian market at $610-640/mt CFR Bandar Abbas.
Quotations of Ukrainian seamless pipes of 2"-6" size, grade B as per ASTM A106, are in a range of around $970-1,000/mt CFR.
Russian pipes of 2"-6", grade B as per ASTM A106 or GOST, are being offered to northern Iranian ports at $1,000-1,030/mt CFR.
Iran: domestic prices for locally produced seamless pipes:
($/mt, ex-warehouse)
| Diameter | Price | Change* |
| 1 1/4" | 1,2 | -220 |
| 1" | 1,195 | -175 |
| 2" | 1,2 | -120 |
| 3" | 1,31 | -140 |
* over a period of one month