Demand for welded pipes in the Turkish market has shown a slightly better performance over the past two weeks, and Turkish welded pipe producers have increased prices for their products. Domestic prices of welded pipes in Turkey have increased by around $10/mt over the past two weeks, while export offers have weakened by $5-20/mt over the same period. Welded pipe prices in Turkey may continue to move up in the coming period on the back of expected further improvements in the domestic market and better sentiment in the key export markets after the summer vacation season.
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235 grade as per EN 10219 are being given to the domestic market at about $640-660/mt ex-works on actual weight basis. 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 being offered in the domestic market at $670-690/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 $640-670/mt FOB, while quotations of cold rolled pipes of steel grades S235 and S275 are at around $720-760/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 $680-700/mt FOB.