Demand for Turkish welded pipe in export markets improves slightly

Wednesday, 21 November 2018 17:25:43 (GMT+3)   |   Istanbul
       

Over the past week, Turkish welded pipe suppliers’ sales have improved slightly amid increased demand in export markets, especially in Romania and the UK. Also, some Turkish welded pipe producers have concluded deals to African market, according to market sources. Despite the livelier demand for Turkish welded pipe in target markets, Turkish producers’ offer range 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 their export markets has remained stable week on week at $590-620/mt FOB, due to the ongoing downwards movement of hot rolled coil (HRC) prices in the global market. Meanwhile, European importers are cautious about making new bookings since they are avoiding from paying additional duties as the import quota is almost exhausted.


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