Turkish welded pipe prices continue to slide

Monday, 11 June 2012 14:17:17 (GMT+3)   |  
       

Demand for Turkish welded pipes has remained sluggish from both local and foreign buyers on the back of low activity in the domestic construction sector and amid the global downward trend. Domestic and export quotations of Turkish welded pipes have decreased by around $20/mt over the past two weeks on the back of low buying activity and the downward trend in the flat steel segment. Welded pipe prices in Turkey are forecast to go down further as trade is expected to remain slow in the summer.
 
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235JR grade as per EN 10219 are being given to the domestic market at about $680-700/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 $700-720/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 $690-710/mt FOB. Water and gas ERW pipes of 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.

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