In the local Turkish welded pipe market, demand has continued to remain weak, while prices have moved up as welded pipe inventories in the domestic market have declined to low levels.
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 have increased by $10/mt on the lower end and by $20/mt on the upper end to $540-570/mt ex-works, compared to two weeks ago.
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 have risen by $10/mt over the same period to $540-550/mt FOB.