Import pipe offers to UAE

Monday, 11 April 2016 13:38:59 (GMT+3)   |   Istanbul
       

According to market sources, South Korean offers to the United Arab Emirates (UAE) for 2"-6" ERW pipes of grade B have increased by $15/mt over the past month to $475-480/mt CFR. Meanwhile, over the same period, South African offers to the same country for 2"-6" seamless pipes of grade B have risen by $10/mt on average to $680-700/mt CFR, while Chinese offers to the same destination for 4"-20" seamless pipes of B grade have moved up by $7.5/mt CFR to the range of $440-445/mt CFR. Chinese offers to the UAE for 2", 2.5" and 3" of grade B can exceed the $440-445/mt range by up to around $30/mt.
 


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