Over the past two weeks, demand in the local Turkish welded pipe market has remained slack, while domestic producers’ prices have increased by $20/mt on the lower end. Accordingly, 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 are now at $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 increased by $20/mt on the lower end to $560-570/mt FOB.