Welded pipe prices have increased in the local Iranian market by $130-180/mt over the two past months under the influence of the surge of flats prices from Iranian traders after Mobarakeh Steel Co. halted its supplies in order to modernize its production. Currently, pipe producers believe that local HRC prices will decline again, thus helping welded pipe prices to return to acceptable levels. However, if HR coil prices do not decrease, pipe mills will continue to buy flat products at high prices as producers do not have sufficient hot rolled coil inventory to sustain their production processes.
Market operators report that current domestic prices for Iranian production 6"-8" welded pipes made to EN 10219 from S235JR grade HRC are at $800/mt ex-works, with 12" size at $900/mt ex-works, and 10"-14" size at $950/mt ex-works. Offers of welded pipes of 2"-4" grade St 37 made to DIN 2440 are being given to the domestic market at $800/mt ex-works, with ½"-1" sizes at around $850/mt ex-works.
Local stockists' prices for welded pipes of ½"-1 ½" size from Iranian producers are about $855-880/mt ex-warehouse. Offers of 20 x 20 mm - 100 x 100 mm hollow sections ex-warehouse Tehran are on average at $710-725/mt, compared to $580-600/mt ex-warehouse two months ago. Quotations of galvanized welded pipes of 1 ½"-3" size from Iranian producers are at the range of $1,070-1,140/mt ex-warehouse.
Chinese origin welded pipes, 2"-8" grade B made from HRC to ASTM A53/API 5L, are in the range of $680-730/mt C&F Bandar Abbas, up from $650-700/mt C&F Bandar Abbas two months ago.
Iranian domestic prices for welded pipes from Iranian mills
($/t, ex-warehouse)
Diameter |
Price |
Change* |
½" |
880 |
+65 |
¾" |
875 |
+70 |
1" |
860 |
+70 |
1 ¼" |
855 |
+65 |
1 ½" |
860 |
+65 |