The Turkish welded pipe market has been quiet over the past three weeks due to the approach of the end of the year and the New Year holiday. Over the past three weeks, Turkish welded pipe prices have declined by $10-20/mt amid low transaction activity in the domestic and foreign markets amid the seasonal lull and due to the current cold and snowy weather conditions in Turkey. However, welded pipe prices from Turkish producers may start to move up in the coming period amid expected higher flat steel quotations in line with strengthening scrap prices.
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 are being given to the domestic market at about $580-620/mt ex-works on actual weight basis.
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 $580-600/mt FOB, while quotations of cold rolled pipes of steel grades S235 and S275 are at around $670-700/mt FOB. 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 $620-630/mt FOB.