Russian pipe price forecast

摘要

Short-term outlook: mills' prices for welded pipes are expected to decrease in December due to lower productioncosts. In January, quotations will stabilize, while in February they may grow on higher purchase prices for HR coils.Demand for welded pipes of small and medium sizes will be rather weak in the near future, which will affect capacityutilization of suppliers. Demand for oil and gas seamless pipes will stay high in the country.