Seamless pipe market in Italy remains weak

Friday, 10 July 2009 15:20:09 (GMT+3)   |  
The Italian market for seamless pipes is still rather slack. Domestic and export quotations of Italian seamless pipes have decreased by €50/mt over the past month. While import offers of Ukrainian and Russian seamless pipes have stayed in the same price range, Chinese suppliers have increased their offer prices of seamless pipes for the Italian market by €10-25/mt because of the higher raw material cost in the Chinese market. The expectation is that buyer activity in Italy will not revive before September due to the approach of the summer holidays in Europe.

Domestic distributors' sales prices for July production seamless pipes grade B as per ASTM A106/API 5L ex-local producer Tenaris have decreased to a range of €1,120-1,700/mt, depending on size. Thus, prices for 2"-4" pipes are at €1,240-1,300/mt ex-works, prices for 6" pipes are at €1,120/mt ex-works, while prices for ½" pipes are at €1,690-1,700/mt ex-works.

Export quotations from distributors of Italian seamless pipes of 2"-4" size grade B as per ASTM A106/API 5L are at €1,280-1,340/mt FOB, while quotations for 6" size are at €1,150-1,160/mt FOB, with quotations for ½" size at €1,730-1,740/mt FOB.

Offers of Chinese 2"-6" seamless pipes grade B as per ASTM A106/API 5L are being given to the Italian market at €530-590/mt C&F (15.1-24.2 percent AD duty not included, depending on the plant).

July production Ukrainian 2"-6" seamless pipes ex-Interpipe grade B as per ASTM A106 are offered to the Italian market at around €620-650/mt DDU (25.1 percent AD duty not included), while offers for 8"-12" seamless pipes with up to 25 mm wall thickness are at €650-700/mt DDU.

Offers of July production Russian seamless pipes ex-Volzhsky Pipe Plant up to 14" size S355J2H grade as per EN 10210 are at €600-620/mt DDU (27.2 percent AD duty not included).

Marketplace Offers

ERW Longitudinal Galvanized Flat Pipe

External Diamater 21.7 - 139.7 mm
Wall Thickness 12.7 - 127 mm
 
Tedarikçi CONARES METAL SUPPLY
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ERW Longitudinal Black Pipe

External Diamater 21.3 - 139.7 mm
Wall Thickness 12.7 - 127 mm
 
Tedarikçi CONARES METAL SUPPLY
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ERW Longitudinal Black Pipe

External Diamater 21.3 - 114.3 mm
Wall Thickness 1.2 - 6 mm
 
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