The welded pipe market in Turkey is still suffering from sluggish demand and the weakness of the lira against the US dollar. Turkish pipe producers have left their domestic and export offers mostly unchanged over the past two weeks, though a maximum $10/mt decrease has been seen in export prices amid scarce buying in most export markets. Demand is unlikely to improve in the near future. Most market players are reluctant to conclude deals and prefer to stand back and watch market conditions more carefully.
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235JR grade as per EN 10219 are being given to the domestic market at about $650-670/mt ex-works on actual weight basis, while 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 still being offered in the domestic market at $680-700/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 $640-650/mt FOB, while 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 $670-680/mt FOB.