SteelOrbis has been informed that ex-Romania offers to Italy for P265 TR1R grade seamless pipes of 508 x 12.5 mm as per EN 10216/1 stand at €1,200/mt ($1,643/mt) FCA on theoretical weight basis, for cash payments or via letter of credit, and for December or January 2011 shipments.
€1 = $1.369