During the past week, 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 domestic market has remained stable at $620-650/mt ex-works.
According to market sources, demand in the local Turkish welded pipe market is the same as last week and buyers are continuing to make bookings only in order to meet their immediate needs, adopting a wait-and-see stance due to the approaching local elections to be held on March 31. If no significant acceleration is observed in demand, domestic welded pipe prices in Turkey are unlikely to record sharp fluctuations in the short term.