Trading activity remains slack for CIS seamless pipe exports

Friday, 03 January 2014 15:40:38 (GMT+3)   |  
       

Trading activity has remained slow for CIS seamless pipe exports. Meanwhile, some Ukrainian and Russian seamless pipe exporters have attempted to raise their quotations by around $20-50/mt over the past month in view of a possible upturn in buying activity. In addition, export offers are mainly nominal as most market players are out of the market due to the Christmas and New Year holidays. CIS seamless pipe exporters hope to get support from buyers by mid-January after the holidays.

Export prices from Ukrainian mill Interpipe for January production 2"-6" seamless pipes of grade B made to ASTM A106 are quoted at around $950-1,000/mt FOB for the Middle East market, while pipes as per EN are offered at about $830-940/mt ex-works for the European market.

Export offers of January production seamless pipes of 60-168 mm diameter, of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106, from Ukraine's Dnepropetrovsk Tube Works are at $1,000-1,050/mt FOB, while export prices of 42-48 mm diameter are at $1,020-1,070/mt FOB.

ChTPZ Group's export quotations for January-February production hot-formed pipes with diameter of 60.3-219 mm of 10, 20 steel grades according to GOST 8731/8732 or ASTM A106 are at $800-850/mt FOB.

Seamless pipes with 57-219 mm diameter of 10, 20 steel grades as per GOST 8731/8732 from Volzhsky Pipe Plant (TMK Group, Russia) are quoted in the range of $850-900/mt FOB.


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