CIS export seamless pipe prices have declined over the past month amid tough competition and cheaper scrap. Ukrainian and Russian seamless pipe suppliers have reduced their export offers by around $10-40/mt over the past month. Market insiders expect that foreign demand for Russian and Ukrainian standard seamless pipes will remain weak in the coming period amid the seasonal slackening of end-user demand in the major export outlets, preventing export quotations from rising.
Export prices from Ukrainian mill Interpipe for 2"-6" seamless pipes of grade B made to ASTM A106 are quoted at around $900-950/mt FOB for the Middle Eastern market, while pipes as per EN are offered at about $860-900/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 $930-970/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 $850-870/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 $950-980/mt FOB.