Export demand for CIS seamless pipes remains lackluster

Thursday, 31 January 2013 15:49:55 (GMT+3)   |  
       

Demand for seamless pipes produced in the CIS has remained slack in foreign markets. Low buying activity in key market outlets has prevented Ukrainian seamless pipe producers from raising their prices. On the contrary, export prices for Ukrainian seamless pipes have declined by $30-50/mt over the past month. At the same time, the favorable situation in the Russian domestic market has allowed Russian producers to increase their export offers by around $10-20/mt.

Seamless pipe demand from foreign buyers will likely remain slow in February and may start to revive in March, in which month CIS suppliers may raise their export offers.

Export prices from Ukrainian mill Interpipe for February production hot-formed seamless pipes of 42-219 mm diameter, of 10, 20 steel grades, as per GOST 8731/8732, currently vary in the range of $1,000-1,050/mt FOB, while seamless pipes made to ASTM A106 are quoted at around $1,020-1,070/mt FOB.

Export offers of February production seamless pipes of 57-168 mm diameter, of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106 from Ukraine's Dnepropetrovsk Tube Works are at $950-970/mt FOB.

ChTPZ Group's export quotations for February production hot-formed pipes with diameter of 60.3-114.3 mm made to GOST 8731/8732 from 10, 20 steel grades or as per ASTM A106 are at $930-950/mt FOB, while pipes of 168.3 mm diameter are also in the range of $930-950/mt FOB but for July 2013 output.

Seamless pipes with 89-219 mm diameter of steel grade 10, 20 as per GOST or ASTM from Volzhsky pipe plant (TMK Group) are quoted in the range of $970-1,000/mt FOB for February production.


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