The Bulgarian welded pipe market has not witnessed any substantial changes in prices in the last two weeks. Domestic prices of Bulgarian welded pipes have remained mostly stable over the past two weeks against a backdrop of lukewarm market demand, while export quotations of Bulgarian welded pipes have decreased by a maximum of €10/mt over the same period. Meanwhile, Bulgarian welded pipe producers report modest but firm demand coming from some European countries. Some Bulgarian producers are even fully booked for July production. However, buying interest is expected to weaken in the coming period amid the usual summer lull.
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 930-950/mt ($528-540/mt) ex-works, exclusive of 20 percent VAT and on actual 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 €430-450/mt ($477-500/mt) FCA on theoretical weight basis. Export quotations of Bulgarian water and gas pipes according to EN 10255 are at €460-480/mt ($511-533/mt) FCA.
€1= $1.11
$1= BGN 1.76