Research

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

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January 2020 | Seamless Steel Tube & Pipe


Energy tubular prices flat: Europe and CIS Analysis


Offers of API 5L B seamless linepipe are now being made from Romania at anywhere from €860-900/tonne fca for 6”-14” diameter.

The European seamless linepipe market has yet to emerge from the seasonal slowdown for Christmas and New Year holidays in Europe and around the globe. Over the past month, the market has not seen any significant changes amid limited trading volumes and prices have mostly stayed within the previous range.

Offers of API 5L B seamless linepipe are now being made from Romania at anywhere from €860-900/tonne fca for 6”-14” diameter. Meanwhile Polish offers of the same grade remain at around €875-915/tonne fca for 12”-16” diameter. Western European API 5L B seamless linepipe offers continue to be quoted at around €990-1,000/tonne.

Brazilian availability set to dip

Eastern European OCTG casing prices have not seen any improvement either while offers are coming to the market at around €950-1,000/tonne fca for J/K55 grade with btc connection and at around...

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