Romanian seamless pipe market shows no signs of improvement

Friday, 09 December 2011 13:45:30 (GMT+3)   |  
       

The Romania seamless pipe market remains depressed amid the seasonal decline in pipe consumption and economic instability in the EU. However, Romanian producers have maintained their domestic offers at the previous levels, while export quotations of Romanian seamless pipes have declined by €80-100/mt over the past month. Market insiders think that domestic prices of locally produced seamless pipes will follow the downward trend in export quotations as buyers are unlikely to become much more active until February-March 2012 due to weak demand from consuming industries.

Boiler tubes of ½"-6" size made to EN 10297 and EN 10216 are offered to local customers by Romanian producer TMK Artrom at around €1,040-1,100/mt ex-works (excluding 24 percent VAT), while offers of 3"-10" boiler tubes are being given by ArcelorMittal Roman to the domestic market at €1,060/mt delivered.

Romanian domestic quotations of 3"-10" seamless pipes made to ASTM A106 are at about €1,080/mt delivered, while quotations of 16" seamless pipes are at €1,340/mt delivered.

Export offers of 3"-10" Sch 40 and Sch 80 seamless pipes of grade B made to ASTM A106 are being given by ArcelorMittal Roman to the external markets at around €960-1,000/mt FCA, while 16" pipes are at €1,150-1,160/mt FCA and 18"-20" seamless pipes are quoted at €1,300-1,310/mt FCA.

Export quotations of 4"-6" seamless boiler tubes made to EN 10216 of S235JR steel grade from TMK Artrom are at €960-1,000/mt FCA.

Import offers of 2"-3" seamless pipes from the Czech Republic (ArcelorMittal) of grade B as per ASTM A106 are being given to the Romanian market at €950-990/mt CPT.


Similar articles

Local Chinese steel pipe prices mostly decline

28 Mar | Tube and Pipe

US OCTG exports up 26.8 percent in January

27 Mar | Steel News

India’s VSTL setting up greenfield steel pipe making unit in Odisha

27 Mar | Steel News

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

India’s Welspun secures $62 million steel pipe supply contract in Saudi Arabia

26 Mar | Steel News

Some EU flat steel import quotas about to be exhausted near end of period

26 Mar | Steel News

Canada initiates review on line pipe from S. Korea

25 Mar | Steel News

India’s Welspun and Saudi Arabia’s Aramco terminate steel pipe supply contract

25 Mar | Steel News

US and Canadian rig counts both decline week-on-week

22 Mar | Steel News

US structural pipe and tube exports down 41.7 percent in January

22 Mar | Steel News