Slow buying pushes Czech seamless pipe prices down

Friday, 15 May 2015 16:30:07 (GMT+3)   |  
       

Seamless pipe prices in the Czech Republic remain under pressure due to limited trading in the region and low-priced imports. Over the past month, export quotations of Czech origin seamless pipes have moved down by a maximum of €10/mt; however, due to currency fluctuations, the prices in US dollar terms have increased by $27-28/mt during the same period. Market fundamentals are not expected to change dramatically in the coming short-term period, and quotations may remain at current levels.

Current export prices for 3"-4" Sch 40 seamless bare pipes (without varnish coating) of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at €840-860/mt ($944-967/mt), while 1/2" seamless pipes are at €1,010-1,030/mt ($1,135-1,158/mt) FCA.

Current export quotations for 2"-6" Sch 40 seamless pipes of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at around €870-890/mt ($978-1,000/mt) FCA, while 2"-6" Sch 40 seamless pipes of steel grade B made to API 5L PSL2 are at €900-920/mt ($1,012-1,034/mt) FCA.

Export offers of ½"-1" Sch 40 seamless pipes of steel grade B made to ASTM A106/API 5L PSL1 are at €990-1,060/mt ($1,113-1,192/mt) FCA.

€1 = $1.12


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