The general situation in the Bulgarian welded pipe market has not indicated any significant change during the last two weeks. Foreign customers are slow to place new orders because of seasonally low demand from consuming industries, while local buyers are still hardly interested in welded pipes due to unfavorable market conditions. Welded pipe prices in Bulgaria have remained unchanged over the past two weeks as order activity is still on the scarce side. In general, the market picture will likely remain without change in the near future. Despite slack demand from end-users and adverse weather conditions, welded pipe prices in Bulgaria are unlikely to decline given the high quotations for raw material.
Current offers of locally produced welded pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade hot rolled coil (HRC) according to EN 10219 are being given to the Bulgarian domestic market at around BGN 1,020-1,040/mt ($713-726/mt) ex-works, exclusive of 20 percent VAT and on theoretical weight basis.
Export quotations of Bulgarian ERW pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade HRC as per EN 10219 are at levels of €490-520/mt ($670-710/mt) ex-works on theoretical weight basis for February production. Export quotations of Bulgarian water and gas pipes according to EN 10255 are at €510-540/mt ($697-738/mt) ex-works.
$1 = BGN 1.43
€1 = $1.366