Buying activity for CIS seamless pipe exports has slowed down over the past month due to Ramadan in Muslim countries and the summer vacation period in Europe. Over the past month, most CIS seamless pipe exporters have cut their offers by $10-20/mt due to slack demand from foreign markets.
Meanwhile, CIS exporters may try to increase their seamless pipe prices in the coming period against a background of upward adjustments from Chinese suppliers and seasonally higher business activity in autumn.
Export prices from Ukrainian mill Interpipe for August production hot-formed seamless pipes of 42-168 mm diameter, of 10, 20 steel grades, as per GOST 8731/8732, currently vary in the range of $860-880/mt FOB, while seamless pipes made to ASTM A106 are quoted at around $880-1,020/mt FOB. Export offers of 2"-6" pipes of grade B as per API 5L are at levels of $900-1,040/mt FOB, while 8"-10" pipes are at $920-1,070/mt FOB.
Export offers of August production 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 $870-880/mt FOB, while export prices of 42-48 mm diameter are at $900-910/mt FOB.
ChTPZ Group's export quotations for August-September production hot-formed pipes with diameter of 60.3-219 mm made to GOST 8731/8732 from 10, 20 steel grades or as per ASTM A106 are at $830-850/mt FOB. Export offers of 1 1/2" seamless pipes of grade B as per ASTM A106 are at around 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 $900-920/mt FOB.