Demand improves in Turkish welded pipe market

Friday, 30 June 2017 16:37:39 (GMT+3)   |   Istanbul
       

Demand in the local Turkish welded pipe market, which had been sluggish for a long period of time, improved slightly following the end-of-Ramadan holiday, while welded pipe prices have moved up by $25/mt on average compared to three weeks ago as a result of the upticks in raw material prices and improved demand.

Turkish producers’ offers for ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235 grade as per EN 10219 to the domestic market currently stand at $570-590/mt ex-works.

Turkish producers’ export prices for ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235 grade as per EN 10219 are at $560-580/mt FOB. 


Similar articles

US rig count increases while Canadian count drops

15 Mar | Steel News

Liberty Pipes Hartlepool to supply line pipes for energy infrastructure development project

15 Mar | Steel News

Turkey’s Borusan Boru begins trial production at assets in Romania and US

15 Mar | Steel News

Mexico maintains AD duties on seamless steel pipe imports from four countries

14 Mar | Steel News

Local Chinese steel pipe prices follow downward trend

14 Mar | Tube and Pipe

US assigns zero preliminary dumping margin for circular welded pipe from Thailand

14 Mar | Steel News

Turkey’s Erciyas Çelik Boru’s sales revenues up 134.8% in 2023

13 Mar | Steel News

ArcelorMittal buys stake in France’s Vallourec

13 Mar | Steel News

US standard pipe imports down 17.9 percent in January

12 Mar | Steel News

US issues final AD margins for light walled rectangular pipes from Mexico

12 Mar | Steel News