Local Turkish welded pipe market moves on rising trend amid strong demand

Friday, 21 July 2017 16:50:37 (GMT+3)   |   Istanbul
       

Demand in the local Turkish welded pipe market is at high levels amid increased purchases in the market, while domestic welded pipe prices have moved up by $10/mt compared to three weeks ago as a result of the upticks in global raw material and flat steel prices.

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 $580-600/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 $570-590/mt FOB. 


Similar articles

US domestic J55 ERW OCTG prices decline slightly

15 Apr | Tube and Pipe

US rig count declines slightly while Canadian count rises week-on-week

12 Apr | Steel News

Local Chinese steel pipe prices keep falling

11 Apr | Tube and Pipe

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

11 Apr | Steel News

US line pipe imports down 50.3 percent in February

10 Apr | Steel News

France’s steel product import value down 10.2 percent in January

10 Apr | Steel News

France’s steel product export value down 11.7 percent in January

09 Apr | Steel News

US issues final results of AD review on OCTG from S. Korea

09 Apr | Steel News

US OCTG imports up 10.5 percent in February

08 Apr | Steel News

Vietnam’s Hoa Phat post 34% rise in steel sales volume in Mar from Feb

08 Apr | Steel News