Demand in the local Turkish welded
pipe market is still on quiet side. Market sources state that domestic welded
pipe prices have remained stable week on week due to the sideways movement seen in hot rolled coil (HRC) prices. Meanwhile, market sources report that there is the possibility of an increase in HRC prices since on January 22 the Turkish Ministry of Economy announced that the antidumping margins for Russian hot rolled coil (HRC) imports have been revised upwards from 2.22 percent to 9.42-13.66 percent, effective immediately. However, these increases are expected to be short-lived. The final decision in relation to dumping margins has not yet been published in
Turkey's Official Gazette.
Most offers of Turkish 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 are at about $350-385/mt ex-works on actual weight basis, moving sideways on average over the past week
Meanwhile, Turkish producers are still offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers at around $340-350/mt FOB, on theoretical weight basis.