Export prices of Bulgarian welded pipes continue to rise on the back of costlier flat steel products and firmer demand from overseas buyers near the end of the holiday season. Over the past two weeks, export prices for welded pipes in Bulgaria have increased by a maximum of €10/mt ($13/mt). At the same time, domestic welded pipe offers have remained unchanged in euro terms amid stagnant demand from local consumers. Bulgarian welded pipe producers will likely keep their prices unchanged over the next two weeks amid anticipated stable demand.
Current offers of locally produced welded pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade hot rolled coil (HRC) according to EN 10219 are being given to the Bulgarian domestic market at around €530-540/mt ($705-718/mt) ex-works, exclusive of 20 percent VAT and on theoretical weight basis.
Export quotations of Bulgarian ERW pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade HRC as per EN 10219 are at the level of €550-560/mt ($731-745/mt) ex-works on theoretical weight basis for September production, and at €570-580/mt ($758-771/mt) ex-works for lots less than 1,000 mt. Export offers of Bulgarian pipes with wall thickness of 1.5 mm made from HRC as per EN 10219 are at around €580-590/mt ($771-785/mt) ex-works. Export quotations of Bulgarian water and gas pipes according to EN 10255 are at €570-580/mt ($758-771/mt) ex-works.
€1 = $1.33