Conditions in the Bulgarian welded pipe market have remained unchanged over the past two weeks. Bulgarian welded pipe producers have maintained their offers at the previous levels thanks to firm demand seen in Germany and stable feedstock prices. Meanwhile, purchasing interest in the domestic market in Bulgaria remains very poor. Market players believe that, in view of adverse weather conditions and the approaching holidays in Europe, buying activity may weaken next month.
Meanwhile, most Bulgarian suppliers are likely to keep their welded pipe prices firm in the coming period.
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 BGN 1,030-1,050/mt ($715-729/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 levels of €490-520/mt ($662-702/mt) ex-works on theoretical weight basis for December production. Export quotations of Bulgarian water and gas pipes according to EN 10255 are at €510-540/mt ($689-729/mt) ex-works.
$1 = BGN 1.44
€1 = $1.35