Seamless pipe export offers from CIS decline further

Tuesday, 27 October 2015 16:44:29 (GMT+3)   |  
       

The CIS seamless pipe export market has seen no improvement over the past month. Export offers of Ukrainian and Russian seamless pipes have declined by $10-40/mt over the past month amid subdued trading activity. However, the reduced export prices of CIS seamless pipes have not sparked much purchasing activity by overseas buyers, who continue to insist on further discounts as there are no positive developments in the market. Export seamless pipe prices from the CIS may continue to weaken owing to lack of demand, expectations of a seasonal decrease in business activity and tough competition from Chinese suppliers.

Export prices from Ukrainian producers for 2"-6" seamless pipes of grade B made to ASTM A106 are quoted at around $790-820/mt FOB for the Middle Eastern market, while pipes as per EN are offered at about $745-780/mt ex-works for the European market.
 
ChTPZ Group's export quotations for hot-formed pipes with diameter of 48.3-114.3 mm made to GOST 8731/8732 from 10, 20 steel grades or as per ASTM A106 are at $750-770/mt FOB.
 
Seamless pipes with 89-219 mm diameter of steel grade 10, 20 as per GOST from TMK Group are quoted in the range of $800-820/mt FOB.


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