Both demand and prices rise in local Turkish steel pipe market

During the past two weeks, buyers in the local Turkish steel pipe market have stepped up their purchases against the backdrop of the rises seen in hot rolled coil (HRC) and raw material quotations, and so demand has improved. With demand reviving, Turkish steel mills have also increased their pipe prices.
 
In the past two weeks, Turkish producers' offers for ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235 grade as per EN 10219 to the domestic market have moved up by $30/mt to $560-580/mt ex-works.
 
In the same period, Turkish producers' export prices for ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235 grade as per EN 10219 have also increased by $30/mt to $560-570/mt FOB.