It is observed that prices in the European welded pipe market have remained unchanged during the past week, while purchases have been at decent levels. Having concluded frequent deals for Turkish and Macedonian welded pipes, buyers in the European region have continued their import welded pipe purchases due to the more attractive prices in question. On the other hand, since procedures have not been explained clearly, there are still some uncertainties regarding the EU’s final import quotas to be imposed as of the beginning of February, and this has caused welded pipe producers to delay their import purchases of upstream materials.
Meanwhile, a Bulgarian steel producer’s offers for ERW pipes as per EN 10219 are still at €560-570/mt ($638-650/mt) ex-works. The Bulgarian welded pipe producer’s quotations to Germany are at €590-600/meter ($673-684/meter) CPT, to Hungary are at €565-570/meter ($644-650/meter) CPT, to Austria are at €575-580/meter ($656-661/meter) CPT, and to Belgium and the Netherlands are at €605-610/meter ($690-695/meter) CPT, while its offers to the Czech Republic, Poland, Croatia and Slovakia are standing at €600-610/mt ($684-695/mt) CPT, and its offers to Slovenia are at €605-610/mt ($690-695/mt) CPT.
€1 = $1.14