SteelOrbis has heard that 2 mm industrial ERW pipe offers given by Turkish producers to the European markets are currently at the level of $490-520/mt FOB on actual weight basis. Meanwhile, 40 x 40 x 2 mm hollow section offers given by Turkish producers to the European markets are standing in the range of $470-490/mt FOB on actual weight basis.
Although Turkish pipe producers' export offers given to Europe are at quite low levels as compared to offers given from other regions, weakness in terms of demand has cast a shadow over the sector.