The Turkish seamless pipe market has seen subdued trading activity over the past month. Turkish buyers are in no hurry to import seamless pipes, seeing still sluggish demand from consuming industries. Quotations of Romanian pipes have moved down by around $20-30/mt during the past month, while Chinese seamless pipe offers have decreased by $10-30/mt. Import offers of seamless pipes from Russia and Ukraine have remained stable over the past month. The majority of market participants are quite optimistic regarding post-winter developments in the Turkish market for seamless pipes when business activity is expected to rebound.
Chinese suppliers are offering seamless pipes of 2"-12" grade B made to ASTM A106/API 5L to the Turkish market in the price range of $610-670/mt CFR.
Ukrainian producers' offers for 60-273 mm seamless pipes of grade 10, 20 as per GOST are being given to the Turkish market at about $780-820/mt CFR, while 2"-10" pipes as per ASTM/API are quoted at around $800-840/mt CFR.
Russian producer ChTPZ Group (Pervouralsky Novotrubny Works) is offering 2"-6" seamless hot-formed pipes of grade B made to ASTM at about $820-840/mt CFR Turkey.
Import offers of seamless pipes from Romania (ArcelorMittal), 3"-10" of grade B made to ASTM A106 or API 5L, are being given to the Turkish market at around $1,070-1,100/mt CPT.