The Bulgarian welded pipe market has not seen any change over the past two weeks as demand in the domestic market remains stagnant. Meanwhile, demand for Bulgarian welded pipes from foreign buyers is just moderate. Market sources also report that demand from Germany and Poland has improved slightly on the back of warmer weather conditions. However, Bulgarian producers' welded pipe offers to the export markets have remained unchanged over the past two weeks due to stable prices for hot rolled coil (HRC).
Current offers of locally produced welded pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade hot rolled coil (HRC) according to EN 10219 are being given to the Bulgarian domestic market at around BGN 900-930/mt ($520-537/mt) ex-works, exclusive of 20 percent VAT and on theoretical weight basis.
Export quotations of Bulgarian ERW pipes and hollow sections of 2-5 mm wall thickness made from S235JR grade HRC as per EN 10219 are at levels of €450-470/mt ($508-530/mt) ex-works on theoretical weight basis. Export quotations of Bulgarian water and gas pipes according to EN 10255 are at €480-500/mt ($542-564/mt) ex-works.
$1 = BGN 1.73
€1 = $1.13