Over the past two weeks, welded
pipe demand in
Turkey has slowed down, stagnating ahead of and during the Ramadan holiday, while demand from foreign buyers has also remained sluggish due to the summer vacation period in
Europe. Domestic prices of welded pipes in
Turkey have declined by around $20-30/mt over the past two weeks, while export offers have weakened by $5-10/mt over the same period amid a lack of fresh trades in the market. However, Turkish welded
pipe producers may start to raise their prices slightly in the coming period on the back of costlier scrap and the anticipation of post-Ramadan improvements.
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235 grade as per EN 10219 are being given to the domestic market at about $630-650/mt ex-works on actual weight basis. Water and gas ERW pipes of 2.0-4.5 mm wall thickness made to EN 10255/DIN 2440 from S235 grade HR products are being offered in the domestic market at $660-680/mt ex-works.
Turkish producers are offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers at around $635-650/mt FOB, while quotations of cold rolled pipes of steel grades S235 and S275 are at around $700-750/mt FOB. Water and gas ERW pipes with 20-114 mm diameter and with 2.0-4.5 mm wall thickness made to EN 10255 from S235 grade HR products are being offered for export at about $670-690/mt FOB.