Seamless pipe demand on slow side in Turkey

Monday, 28 October 2013 13:21:59 (GMT+3)   |  
       

Activity in the seamless pipe import market in Turkey remains slow. Meanwhile, foreign seamless pipe suppliers have adopted different price policies. Prices of Chinese seamless pipes for the Turkish market have decreased by a maximum of $10/mt over the past month. Import offers of Russian and Ukrainian material have remained unchanged, while prices of Romanian seamless pipes have moved up by a minimum of $50/mt over the period under review. There are still a lot of uncertainties surrounding the likely trend of the seamless pipe market in Turkey in the coming period due to low demand from consuming sectors. Market participants do not foresee significant price growth in the period ahead as the market situation remains unstable.

Chinese suppliers are offering seamless pipes of 2"-12" grade B made to ASTM A106/API 5L to the Turkish market in the price range of $830-880/mt CFR.

Ukrainian producers' offers for November production pipes of 2"-6" grade B as per ASTM A106/API 5L and EN are being given to the Turkish market at about $860-900/mt CFR, while pipes as per GOST are quoted at around $840-860/mt CFR.

Russian producer ChTPZ Group (Pervouralsky Novotrubny Works) is offering November production 2"-8" seamless hot-formed pipes of grade B made to ASTM at about $830-870/mt CFR.

Import offers of seamless pipes from Romania (ArcelorMittal), 3"-10" of grade B made to ASTM A106 or API 5L, are being given to the Turkish market at around $1,400-1,430/mt CPT.


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