Quality Saudi Arabian manufacturers, approved by state-owned national oil company Saudi Aramco, are offering 6"-10" welded steel pipes grade B as per API 5L with plain ends at around $930-980/mt ex-works on theoretical weight basis.
Current offers from Saudi Arabian commercial producers for 1"-4" ERW pipes grade A, B as per ASTM A53 are being given to the domestic market at $810-850/mt delivered.
Export quotations from Saudi Arabia of 6"-10" welded steel pipes grade B made to API 5L from quality producers are at $980-1,030/mt FOB, while export offers of 1"-4" ERW pipes from Saudi commercial producers are at $830-880/mt FOB.
Import offers of Chinese welded pipes of 2"-6" grade B made to ASTM A106/API 5L are being given to the local Saudi market at around $590-600/mt CFR, compared to $600-620/mt CFR one month ago.