Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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October 2019 | Welded steel tube & pipe

EU publishes fourth Projects of Common Interest list: Europe and CIS Market Analysis

In the middle of October, Bulgaria – one of the key countries driving European linepipe demand announced new plans for pipeline infrastructure investments.

European linepipe market remains stagnant

Prices for welded linepipe in Europe have moved down slightly over the past month due to pressure from substrate costs and slower in trading activity. Offers for ERW linepipe in a diameter of 16”-24” STD at an API 5L grade B is being made by German mills at around €765-815/tonne fca for 12 meters length, down €5/tonne month-on-month, and at €805-855/tonne fca for 6 meters length. We understand that offers from Eastern Europe for LSAW in a diameter of 28”-42” OD at an API 5L grade B is being made at around €1,000-1,035/tonne fca or €1,050-1,085/tonne fob. Offers for DSAW pipes in a diameter of 56” OD at an API 5L B grade is being made by Romanian mills at around $1,040-1,060/tonne fca. ...


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