Demand for Czech seamless pipes remains stagnant

Thursday, 06 September 2012 17:38:44 (GMT+3)   |  

Market conditions in the seamless pipe sector in the Czech Republic have remained difficult due to rising economic uncertainty and depressed consumer confidence levels across most EU countries. In such conditions, Czech suppliers have been unable to lift their offers and have left them unchanged at the levels of one month ago. Meanwhile, demand from consuming industries remains rather thin, while most customers are unsure about the future. At the same time, a possible increase in raw material costs could push seamless pipe producers to raise their quotations in the coming month, though no substantial improvements in demand are expected.

Current export prices for 2"-3" Sch 40 seamless bare pipes (without varnish coating) of steel grade B made to ASTM A106 from ArcelorMittal Ostrava are at €970/mt ($1,218/mt) for October rolling, while 1/2"-1" seamless pipes are at €1,090-1,110/mt ($1,369-1,394/mt) FCA.

Current export quotations for 3"-10" Sch 40 seamless pipes of steel grade B made to ASTM A106 with varnish coating from ArcelorMittal Ostrava are at around €1,000/mt ($1,256/mt) FCA for October rolling, while 1/2"-1" seamless pipes are at €1,120-1,140/mt ($1,407-1,432/mt) FCA.

Export offers of 3"-10" seamless steel tubes of steel grade B made to API 5L, PSL2 from ArcelorMittal Ostrava are at around €1,030/mt ($1,294/mt) FCA.

€1 = $1.256


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