Due to the weak economic in EU market, Czech’s seamless pipe export keeps sluggish. Czech’s seamless pipe export price level is currently as same as in October.
Most market participants believe the seamless pipe market would be improved until 2014. They expect the weak demand may cause Czech’s seamless pipe mills to cut export price in December.
At present, ArcelorMittal Ostrava’s export offer price for ASTM A106 GR.B seamless pipe with outside diameter 3 to 10 inch SCH 40 will be about EURO 930~960/MT (about US$1,255~1,296/MT) and with outside diameter 3/4 to 1 inch, its price will be about EURO 1,050~1,070/MT (about US$1,417~1,444/MT) all by FCA term.