Iranian welded pipe prices go up slightly despite continuing low demand

Monday, 31 January 2011 11:50:49 (GMT+3)   |  
As expected, welded pipe prices in Iran have risen in January in line with higher import feedstock prices. Over the past four weeks local Iranian producers' domestic prices for welded pipes and hollow sections have increased by $20-30/mt, while quotations for oil and gas welded pipes as per ASTM and API have remained almost unchanged. Local stockists' prices have moved up by $10-40/mt during the period in question. However, welded pipe demand is still at low levels due to the seasonal lull in construction activities. Market participants believe that domestic welded pipe demand will increase sharply in the next Iranian year (starts March 21), exerting a positive impact on the price trend for welded pipes.

Iranian producers' current domestic prices for welded pipes of ½"-4" size with 2 mm wall thickness made to EN 10219 or DIN 2394 from S235JR grade HRC are at $780-825/mt ex-works. Prices are exclusive of three percent VAT. Offers of 25 x 25 mm - 110 x 110 mm hollow sections with 2-6 mm wall thickness made to EN 10219 or DIN 2395 are being given on average at $780-820/mt ex-works. Water and gas ERW pipes of ½"-4" size with 2.5-3.5 mm wall thickness made to DIN 2440 are being offered to the domestic market at $820-850/mt ex-works. Current domestic prices of Iranian 6"-14" welded pipes grade B made to ASTM A53 are at the level of $900-950/mt ex-works, while welded pipes according to API 5L are at $1,150/mt ex-works.

Local stockists' prices for welded pipes of 0.75"-3" size from Iranian producers are at about $880-925/mt ex-warehouse, compared to $870-895/mt ex-warehouse four weeks ago. Offers of 20 x 20 mm - 100 x 100 mm hollow sections ex-warehouse Tehran are on average at $765-780/mt, compared to $770-785/mt ex-warehouse four weeks ago.

Chinese welded pipes, 2"-6" grade B made to ASTM A53/API 5L, are currently being offered to the Iranian market at around $800-890/mt C&F Bandar Abbas, a maximum of $40/mt higher than one month ago.

Iranian stockists' prices for local production welded pipes

($/mt, ex-warehouse, cash payment)

Diameter

Price

Change*

3/4"

920

+30

1"

920

+40

1 1/4"

915

+25

1 ½"

925

+30

2"

915

+25

2 ½"

880

+10

3"

895

+15

*over the past four weeks

Marketplace Offers

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External Diamater 21.7 - 139.7 mm
Wall Thickness 12.7 - 127 mm
 
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ERW Longitudinal Black Pipe

External Diamater 21.3 - 139.7 mm
Wall Thickness 12.7 - 127 mm
 
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Wall Thickness 1.2 - 6 mm
 
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