Demand in the local Turkish welded pipe market, which had been sluggish for a long period of time, improved slightly following the end-of-Ramadan holiday, while welded pipe prices have moved up by $25/mt on average compared to three weeks ago as a result of the upticks in raw material prices and improved demand.
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 currently stand at $570-590/mt ex-works.
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 are at $560-580/mt FOB.