Polish welded pipe market sees seasonal slowdown

Friday, 08 August 2014 17:44:58 (GMT+3)   |  
       

Activity in the Polish welded pipe market has remained slow over the past month ahead of the holiday period in the EU. Domestic welded pipe quotations in Poland have moved down by around €5-10/mt ($7-14/mt) during the past month, while quotations of Italian and Bulgarian material for the Polish market have also decreased over the same period, by €20-30/mt ($27-40/mt). Market players believe conditions in the market are unlikely to improve in August considering the low buying activity during the holiday season. However, welded pipe suppliers in Poland may try to raise their prices in September at the earliest due to positive forecasts regarding demand from consuming industries.

Current domestic quotations of locally produced 3/8"-6" water and gas ERW pipes of 2.6-4.5 mm wall thickness made to EN 10255 are at €595-625/mt ($797-838/mt) delivered, exclusive of 23 percent VAT. Offers of square and rectangular hollow sections with 2-4 mm wall thickness made from S235 JRH grade hot rolled coil (HRC) according to EN 10219 are in the range of €490-500/mt ($657-670/mt) ex-works. ERW galvanized pipes made to EN 10240 are quoted for local customers at €795-805/mt ($1,065-1,079/mt) delivered.

Quotations of Italian black welded pipes of 2"-6" size with wall thickness of 2.0-4.0 mm as per EN 10219 made from S235JR grade HRC to the Polish market are at levels of €550-590/mt ($737-791/mt) CPT on actual weight basis.

Offers of Bulgarian ERW pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade HRC as per EN 10219 to Polish customers are standing at an average of €545-570/mt ($730-764/mt) CPT on theoretical weight basis.

€1 = $1.34


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