Weak demand in the Iranian market has caused local welded pipe prices to move down during the past month. Over the past four weeks local Iranian producers' domestic prices for black welded pipes and hollow sections made from HRC have decreased by $100-150/mt. Meanwhile, local stockists' prices have also seen a downward correction of $90-110/mt over the period under review. Welded pipe prices are likely to come down further, mainly due to reduced flats prices. Demand has not picked up and is falling further, and there is still uncertainty in the market. Many buyers thereby prefer to defer their purchases. Hot rolled coil from Russia has fallen to $600-620/mt CFR Anzali port, but buyers prefer to wait and see how the market situation develops as prices continue to decrease. If Iranian buyers maintain this waiting policy, CIS producers' prices could possibly go down to $550/mt as in the last Iranian year.
Iranian producers' current domestic prices for welded pipes of ½"-8" size with 2 mm wall thickness made to EN 10219 or DIN 2394 from S235JR grade HRC are at $700-720/mt ex-works. Offers of 25 x 25 mm - 110 x 110 mm hollow sections with 2-6 mm wall thickness made to EN 10219 or DIN 2395 are being given on average at $700-720/mt ex-works. Iranian producers' prices of ½"-4" water and gas ERW pipes made to DIN 2440/2441 are at around $780-800/mt ex-works. Current domestic prices of Iranian 6"-14" welded pipes grade B made to ASTM A53 are at the level of $850/mt ex-works. Prices for galvanized ERW pipes with 2-6 mm wall thickness made to EN 10255 are at about $900/mt ex-works.
Local stockists' prices for welded pipes of ½"-3" size from Iranian producers are at about $845-915/mt ex-warehouse, compared to $935-1,020/mt ex-warehouse four weeks ago. Offers of 20 x 20 mm - 100 x 100 mm hollow sections ex-warehouse Tehran are on average at $645-660/mt, compared to $725-740/mt ex-warehouse four weeks ago.
Chinese welded pipes, 2"-6" grade B made to ASTM A53/API 5L, are currently being offered to the Iranian market at around $800-850/mt C&F Bandar Abbas, $30-35/mt lower than one month ago.
Iranian stockists' prices for local production welded pipes
($/t, ex-warehouse, cash payment)
Diameter Price Change*
1/2" 915 -105
3/4" 910 -110
1" 900 -110
1 1/4" 900 -110
2" 900 -110
3" 845 -90
*over the past four weeks