According to market sources, demand in the local Turkish welded pipe market is still weak due to the approach of the New Year. Meanwhile, Turkish welded pipe sales are also on the low side in the export markets, since buyers, especially in Europe, have halted their activity with the Christmas holidays beginning.
Most offers of Turkish 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 at about $360-400/mt ex-works on actual weight basis, remaining unchanged over the past week.
Meanwhile, Turkish producers are offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers are at around $380-420/mt FOB, increasing by $10/mt as compared to the price levels recorded over the past week.