Domestic quotations of Turkish welded pipes have remained unchanged over the past two weeks, seeing somewhat better demand in the domestic market in view of the approach of Ramadan, while export offers have declined by a maximum of $10/mt amid the current low demand environment in the external markets. However, market players do not expect to see a further decline in welded pipe prices due to an expected upturn in buying activity for post-summer holiday consumption and anticipated higher feedstock costs.
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235JR grade as per EN 10219 are being given to the domestic market at about $680-710/mt ex-works, while ERW pipes of 1.5 mm wall thickness made from cold rolled coil (CRC) are in the range of $770-800/mt ex-works. 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 $710-730/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 $680-710/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 $710-730/mt FOB.