Activity in the seamless
pipe market in
Italy has remained quiet over the past month amid subdued demand and dull market sentiment. Domestic and export quotations of Italian seamless pipes have remained at previous levels, while import offers are almost unchanged. However, market participants expect that seamless
pipe prices in
Italy may decline in the coming month due to a further slowdown in buying activity, cheaper raw material costs and high imports.
Current domestic prices for Italian seamless pipes of 2"-6" size as per ASTM or EN are at about €950-980/mt ($1,292-1,333/mt) ex-works.
Export quotations of Italian seamless pipes of 2"-6" Sch 40 of grade B as per ASTM A106 are at around €980-1,000/mt ($1,333-1,360/mt) FOB.
Prices for Chinese seamless pipes, 2"-6" grade B made to ASTM, are at about €600-635/mt ($816-864/mt) CFR
Italy. Prices are exclusive of antidumping (AD) duties of 17.7-39.2 percent.
Ukrainian 2"-6" seamless pipes as per GOST, ASTM or EN are offered to the Italian market at around €745-760/mt ($1,013-1,034/mt) CPT (12.3-13.8 percent AD duty not included).
Prices for Romanian origin seamless steel tubes (ArcelorMittal Roman) of 3"-10" grade B made to ASTM or as per EN are at about €950-980/mt ($1,292-1,333/mt) CPT.
Czech origin 3"-10" seamless steel tubes (ArcelorMittal Ostrava), as per ASTM, are quoted for Italian consumers at around €920-960/mt ($1,251-1,306/mt) CPT.
€1 = $1.36