SteelOrbis has been informed that offers given from the Czech Republic to Italy for B steel grade 1" Sch 40 seamless pipes as per ASTM A106/API 5L PSL 2 stand in the price range of €1,050-1,060/mt ($1,155-1,166/mt) CPT on actual weight basis, for 100 percent payment by letter of credit or 20 percent advance payment, and for October shipments.
€1 = $1.10