Fastmarkets to discontinue three European seamless and welded tube and pipe prices

Fastmarkets will discontinue three European seamless and welded tube and pipe prices from May 13, 2026.This is due to very limited activity in these markets, meaning there is insufficient data to continue pricing them.

Fastmarkets had proposed to discontinue eight European and Indian prices, but following a review of market feedback received during the consultation period, will continue to publish five of them.

The following prices will be discontinued:

MB-STE-0807 Seamless mechanical tube (EN10297) fob Europe €/tonne
MB-STE-0808 Cold-drawn Seamless precision tube (EN10305) fob Europe €/tonne
MB-STE-0809 Seamless boiler tube (EN10216b) fob Europe €/tonne

No feedback was received for these three prices.

The following prices were proposed for discontinuation but will continue to be published:

MB-STE-0825
 Europe welded Spiral DSAW linepipe API 5L X65 fob €/tonne
MB-STE-0823 Europe welded ERW linepipe API 5L X42 fob €/tonne
MB-STE-0835 India welded LSAW linepipe API 5L X65 export fob US$/tonne
MB-STE-0834 India welded ERW linepipe API 5L X65 export fob US$/tonne
MB-STE-0806 Seamless gas and water pipe (EN10255) fob Europe €/tonne

The consultation opened on December 22, 2025, and was extended to April 24 on March 31.

Please send any questions or comments to pricing@fastmarkets.com and steel@fastmarkets.com. Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to the Fastmarkets methodology page.

What to read next
The publication of Fastmarkets’ MB-AS-0001 Arsenic 99% min As, in-whs Rotterdam, $/lb, MB-RE-0001 Rhenium APR catalytic grade, in-whs dup Rotterdam, $/kg Re, MB-RE-0002 Rhenium metal pellets 99.9% Re min, in-whs dup, Rotterdam $/lb and MB-HF-0001 Hafnium, max 1% Zr, in-whs global locations, $/kg assessments was incorrectly published because of a reporter error.
The subsidiaries of the German FBB producer FOLBB Baiersbronn Frischfaser Karton and Folding Boxboard Eerbeek have filed for the initiation of insolvency proceedings and a suspension of payments.
Fastmarkets is proposing to change the price formation process of 26 global tube and pipe prices to calculations from assessments, effective September 9, 2026.
As the market entered May, spring demand has not lived up to expectations with weakness reported to have been compounded by a stock overhang.
The publication of Fastmarkets' spot CIF CJK assessments for lithium carbonate min 99.5% Li2CO3 min, battery grade; lithium hydroxide monohydrate LiOH.H2O 56.5% LiOH min, battery grade; and battery grade lithium hydroxide monohydrate, midpoint transitional spread for Thursday July 2 was delayed because of reporter error. Fastmarkets' pricing database has been updated.
Fastmarkets has corrected its FP-PP-0002 polypropylene polymer, fiber grade, free delivered Europe, €/kg assessment, which was published incorrectly on July 1 due to a typo.