SteelOrbis has been informed that the price levels of ERW industrial pipes in the local UAE market are at $1,250-1,300/mt ex-works on actual weight basis, whereas the price levels of galvanized ERW pipes are at $1,430-1,500/mt, also ex-works and on actual weight basis.
It is heard that the demand level is low in the local market. Buyers believe that the market will decline further due to the low-priced offers from China and so they are waiting for this expected further decrease in the market.