The biggest change within the
US domestic and import A-53 ERW BPE standard pipe markets in the past two weeks is a slight downward shift in import offer prices. That range has narrowed by approximately $1.00 cwt. ($22/mt or $20/nt) on the top end, bringing the average futures offer price from Korean, Turkish and Vietnamese producers to about $33.00-$34.00 cwt. ($728-$750/mt or $660-$680/nt), DDP loaded truck in
US Gulf coast ports.
US domestic pricing remains in the approximate range of $42.50-$43.50 cwt. ($937-$959/mt or $850-$870/nt), ex-Midwest mill. But, as with previous weeks, anyone who is looking to bring some tons to the table can negotiate a more attractive price.