Proposal to discontinue two Russian welded tube and pipe prices and three Russian seamless tube and pipe prices

Fastmarkets proposes to discontinue its assessments for MB-STE-0829, Russia welded ERW linepipe API 5L X65 US$/tonne; MB-STE-0830, Russia welded LSAW linepipe API 5L X65 US$/tonne; MB-STE-0810, Russia Round billet seamless (fob) Rub/tonne; MB-STE-0811, Russia seamless OCTG casing J/K 55 (btc connection) distrbutor FCA Rub/tonne; and MB-STE-0812, Russia seamless Linepipe API 5L X65 distrbutor FCA Rub/tonne.

January 7, 2025

By India-Inés Levy

The proposal to discontinue these prices is due to a lack of market activity and available data amid the protracted Russia-Ukraine war.

MB-STE-0829 Russia welded ERW linepipe API 5L X65 US$/tonne
Quality: ERW at a diameter range of 6-12” OD
Quantity: Min 250 tonnes
Location: ex-works
Timing: 8-12 weeks
Unit: USD/tonne
Publication: Monthly, second Wednesday

MB-STE-083 0 Russia welded LSAW linepipe API 5L X65 US$/tonne
Quality: LSAW at a diameter range of 20-60” OD
Quantity: Min 250 tonnes
Location: ex-works
Timing: 8-12 weeks
Unit: USD/tonne
Publication: Monthly, second Wednesday

MB-STE-081 0 Russia Round billet seamless (fob) Rub/tonne
Quality: 200-450mm diameter
Quantity: Min 250 tonnes
Location: cpt Moscow
Timing: 8-12 weeks
Unit: RUB/tonne
Publication: Monthly, second Wednesday

MB-STE-0 811 Russia seamless OCTG casing J/K 55 (btc connection) distrbutor FCA Rub/tonne
Quality: Casing of standard outside diameter of 7” OD (177.8mm OD)
Quantity: Min 250 tonnes
Location: fca
Timing: 8-12 weeks
Unit: Rub/tonne
Publication: Monthly, second Wednesday

MB-STE-0812 Russia seamless Linepipe API 5L X65 distrbutor FCA Rub/tonne
Quality: Seamless linepipe of a diameter of 6” OD (152.4mm)
Quantity: Min 250 tonnes
Location: fca
Timing: 8-12 weeks
Unit: RUB/tonne
Publication: Monthly, second Wednesday

These prices are a part of the Fastmarkets steel package.

The consultation period for this discontinuation starts on January 7, 2025, and will end on February 7, 2025, with the change taking place, subject to market feedback, from March 12, 2025.

To provide feedback on the proposal to discontinue two Russian welded tube and pipe prices and three Russian seamless tube and pipe prices or if you would like to provide price information by becoming a data submitter to these prices please contact India-Ines Levy by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: India-Ines Levy, re: welded and seamless Russian tube and pipe prices.”

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 https://www.fastmarkets.com/methodology.