Limited demand for Czech seamless pipe exports

Wednesday, 11 June 2014 15:32:04 (GMT+3)   |  
       

Seamless pipe suppliers in the Czech Republic are facing very limited export demand and low transaction volumes. Over the past month, export offers of Czech seamless pipes have decreased by around €10-20/mt ($40-56/mt) because of a lack of trading activity. Most market players are pessimistic as regards the prospects for an improvement in the market in the short term as export demand is characterized by uncertainty and a slow recovery.
 
Current export prices for 3"-10" Sch 40 seamless bare pipes (without varnish coating) of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at €850-890/mt ($1,148-1,202/mt), while 3/4"-1" seamless pipes are at €970-1,030/mt ($1,310-1,391/mt) FCA.
 
Current export quotations for 3"-10" Sch 40 seamless pipes of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at around €880-920/mt ($1,188-1,242/mt) FCA, while 3/4"-1" seamless pipes are at €1,000-1,060/mt ($1,350-1,431/mt) FCA. Export offers of 3"-4" Sch 40 seamless pipes of grade B as per API 5L, PSL 2 are at about €910-950/mt ($1,229-1,283/mt) FCA.
 
€1 = $1.35

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