CIS seamless pipe exporters have been dispirited by the very low demand coming from foreign customers due to seasonal factors. However, CIS seamless pipe suppliers have left their export offers almost unchanged over the past month encouraged by higher production costs and business from long-term clients, though in some cases decreases of $10-20/mt have been seen. The majority of producers are not expecting any great volume of sales in August amid the traditional summer vacation season, and so it is quite probable that quotations will remain at relatively stable levels during the month in question. Market players are more hopeful for an increase in purchasing activity in September and in the early fourth quarter when the holiday season is over.
Export prices from Ukrainian mill Interpipe for 2"-6" seamless pipes of grade B made to ASTM A106 are quoted at around $930-980/mt FOB for the Middle Eastern market, while pipes as per EN are offered at about $850-880/mt ex-works for the European market.
Export offers of seamless pipes of 60-168 mm diameter, of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106, from Ukraine's Dnepropetrovsk Tube Works are at $950-980/mt FOB.
Russia-based ChTPZ Group's export quotations for hot-formed pipes with diameter of 60.3-219 mm of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106 are at $800-870/mt FOB.
Seamless pipes with 57-219 mm diameter of 10, 20 steel grades as per GOST 8731/8732 from Volzhsky Pipe Plant (TMK Group, Russia) are quoted in the range of $930-960/mt FOB.