April 2011 | Welded steel tube & pipe
EU prices slide again: Europe, Middle East and Africa Market Analysis
In central Europe, Polish and Czech prices are now around €675-700/tonne ex-works for S235 material – down around €30/tonne over the month.
Commodity welded tube prices have dipped again this month across southern Europe as HR coil prices continue to slide and limited purchasing has meant that producers have immediately passed on any discounts in an effort to secure market share. S235 has moved below €700/tonne ex-works, with most southern European producers looking to get in the €660-700/tonne range for near-term deliveries off the floor or with lead times of less than a month. As we have noted in the last couple of months, there has not been steady buying since mid-February, when stockists and end-users were very active on expectations of higher prices. They are now sitting on (and processing) inventory and awaiting lower prices before purchasing again.
In central Europe, Polish and Czech prices are now around €675-700/tonne ex-works for S235 material – down around €30/tonne over the month, although Romanian demand is strong and ArcelorMittal...
ACCESS RESTRICTED
You must be a paid subscriber to view the full content.
Content over 60 days old can only be accessed by subscribers.
Call +44(0)20 7779 8000 with your credit card details or subscribe online.
SUBSCRIBE
Receive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts. Plus download the latest issue as soon as it’s published.
Subscribe