Welded pipe trading in Turkey is continuing at a slow pace with the start of Ramadan. Domestic and export prices of welded pipes from Turkish producers have declined by $5-10/mt over the past three weeks. It is possible that welded pipe prices in Turkey will slide down further because of slack buyer activity in Europe during the summer period and in Middle Eastern countries due to Ramadan.
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 $650-680/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 $680-710/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 $640-660/mt FOB, while quotations of cold rolled pipes of steel grades S235 and S275 are at around $710-760/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 $670-700/mt FOB.