Iranian welded pipe prices rise despite weak activity

Friday, 27 January 2012 14:33:01 (GMT+3)   |  
Iranian welded pipe suppliers have moved up their prices on the back of higher offers of hot rolled coil (HRC) in the market and the further weakening of the Iranian rial against the US dollar. Over the past month, domestic mills' prices of welded pipes have increased by around $20-30/mt, while local stockists have raised their offers by $5-40/mt. However, Iranian buyers remain cautious and prefer to maintain a waiting stance amid the political and economic instability in the country and seasonal factors. Market participants believe any significant increase in welded pipe prices is unlikely in the coming period as the market is not yet ready to accept higher prices, also taking into account the coming Iranian New Year holiday.

Iranian producers' current domestic prices for ½"-4" welded pipes with 2 mm wall thickness made to EN 10219 of S235JR grade are at $850-900/mt ex-works. Prices are exclusive of four percent VAT.

Offers of 25 x 25 mm - 110 x 110 mm hollow sections with 2-6 mm wall thickness are being given on average at $800-850/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 $870-920/mt ex-works.

Local stockists' prices for welded pipes of ¾"-3" size from Iranian producers are currently varying at around $1,020-1,060/mt ex-warehouse, compared to $1,010-1,045/mt ex-warehouse one month ago. Offers of 20 x 20 mm - 100 x 100 mm hollow sections ex-warehouse Tehran are on average at $1,045-1,070/mt, compared to $940-965/mt ex-warehouse one month ago.

Chinese welded pipes, 2"-6" grade B made to ASTM A53/API 5L, are still being offered to the Iranian market at the level of one month ago, i.e., at $800-850/mt CFR Bandar Abbas. However, there is a shortage of imported welded pipes in the market due to the international sanctions against Iran.

Iranian stockists' prices for local production welded pipes:

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

Diameter          Price     Change*

3/4"                1,060        +20

1"                   1,050        +25

1 1/4"             1,050        +40

1 ½"               1,035        +10

2"                   1,050        +5

2 ½"               1,020        +5

3"                   1,020        +5                   

 *over the past month

Marketplace Offers

ERW Longitudinal Black Pipe

External Diamater 21.3 - 323.9 mm
Wall Thickness 2 - 12.5 mm
  S195T / P235JRH
Tedarikçi ARKON ÇELİK SAN. VE TİC. LTD. ŞTİ.
View Offer

ERW Longitudinal Black Pipe

External Diamater 21.3 - 323.9 mm
Wall Thickness 2 - 12.5 mm
  S195T / P235JRH
Tedarikçi ARKON ÇELİK SAN. VE TİC. LTD. ŞTİ.
View Offer

ERW Longitudinal OCTG Line Pipe

External Diamater 21.3 - 323.9 mm
Wall Thickness 2 - 12.5 mm
  Gr B / X42
Tedarikçi ARKON ÇELİK SAN. VE TİC. LTD. ŞTİ.
View Offer

Similar articles

Welded pipe prices fall in Iran

Seamless pipe prices soften in Iran

Demand for welded pipes slack in Iran

Seamless pipe suppliers raise prices in Iran

Iranian welded pipe market quiet due to New Year holidays

Iranian seamless pipe market rises despite slack demand

Seamless pipe demand remains low in Iran

Slack demand persists in Iranian seamless pipe market

Tenaris receives EU approval to acquire Romanian steel tube producer Artrom

US structural pipe and tube exports up 41.8 percent in June 2026 from May