This week prices of Turkish welded pipes have continued to climb up dramatically. Due to the lack of flat products in the Turkish market, quotations for feedstock are rising very rapidly. Thus, export quotations of ERW pipes and hollow sections made from HRC have risen by $70-90/mt compared to the levels of two weeks ago, while export prices of ERW pipes and hollow sections made from CRC have increased by $120-150/mt over the same period. Meanwhile, offers to the local market of ERW pipes and hollow sections made from HRC have risen by $60-100/mt over the past two weeks, with offers of these products from CRC climbing by $110-160/mt. Market participants have noted that demand from end-users in the local Turkish market has improved, but they are still afraid that such high price levels will not be acceptable to European customers, especially now when Europe is going on its summer holidays.
Export prices of Turkish ERW pipes of 2-6 mm wall thickness made from HRC are in the range $610-640/mt FOB, while the prices of square and rectangular hollow sections of 2-6 mm wall thickness made to ASTM A500 are at $600-630/mt FOB. Export offers of ERW pipes of 1.5 mm wall thickness made from CRC are at the level $750-800/mt FOB, with hollow sections at $720-770/mt FOB. 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 for export at a minimum of $620/mt FOB.
Domestic market quotations of ERW pipes of 2-6 mm wall thickness made from HRC are at the level $610-630/mt ex-works, while ERW pipes of 1.5 mm wall thickness made from CRC are at the range of $745-790/mt ex-works. Domestic prices of round, square and rectangular hollow sections grades A of 2-4 mm wall thickness made to ASTM A500 from HRC are at about $600-620/mt ex-works, while prices of hollow sections of 1.5 mm wall thickness made from CRC are at about $710-760/mt ex-works.
Domestic offers of 40 x 40 - 80 x 80 mm square hollow sections of 2-2.5 mm wall thickness as per EN 10219 or ASTM A500 from Noksel are being given at around $940-980/mt ex-works. Domestic prices of 2"-4" black water pipes as per EN 10255 are in the range $810-840/mt ex-works. Noksel's quotations of 2"-6" industrial welded pipes of 2-6 mm wall thickness made to EN 10305-3/DIN 2394 are at the level $1,020-1,100/mt ex-works.