Demand for welded pipes has remained weak in Turkey being negatively affected by seasonally slow consumer activity and currency fluctuations amid political tensions in the country. Turkish pipe producers have cut their domestic and export prices by around $10-20/mt over the past two weeks. The situation in the Turkish welded pipe market may remain unfavorable in the coming period amid weak demand both at home and abroad and falling feedstock costs.
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 $630-650/mt ex-works on actual weight basis, while 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 still being offered in the domestic market at $660-680/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 $620-640/mt FOB, while quotations of cold rolled pipes of steel grades S235 and S275 are at around $690-740/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 $650-660/mt FOB.