Turkish welded pipe market still characterized by poor activity

Friday, 23 January 2015 13:59:40 (GMT+3)   |  
       

The Turkish welded pipe market is still characterized by sluggishness due to low demand from consuming industries and seasonal factors. Over the past two weeks, Turkish welded pipe prices have remained stable due to the uncertainty in the raw material market and subdued end-user demand. Market players are not sure about the welded pipe price trend in the coming weeks due to the lack of certainty surrounding quotations for flat products. However, it will be difficult to implement significant price increases in the coming period as demand from both local and foreign customers still lacks strength.

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 $570-600/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.


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