Turkey's seamless pipe market has remained quiet over the past month, with import quotations not seeing any great change during the period in question. The upper end of import prices for Chinese seamless pipes has risen by $20/mt. Quotations for Ukrainian material have stayed in the previous price range. Russian seamless pipes are now offered to the Turkish market at $10-20/mt lower than previously. Meanwhile, the demand level in Turkey during the coming weeks is expected to be weak due to the month of Ramadan. Nevertheless, market players are expecting to see price increases from Russian and Ukrainian suppliers of seamless pipes due to the rising cost of production.
Offer prices of Chinese seamless pipes 2"-6" grade B made to ASTM A106/API 5L are at about $770-820/mt C&F Marmara Sea ports.
Ukrainian pipes from Interpipe with diameter of 57-353 mm made of steel grade 10, 20 according to GOST 8731/8732 (September-October production) are being offered for the Turkish market at about $870-900/mt C&F. Offer prices ex-Ukraine from Duferco partner Dnepropetrovsk Tube Plant of 57-168 mm seamless pipes as per GOST 8731/8732 (September production, October delivery) are at around $770-780/mt C&F.
Russian producers Uraltrubostal and TMK (Volzhsky Pipe Plant and Taganrog Pipe Plant) are offering October-November production seamless hot-formed pipes with diameter up to 425 mm made to GOST 8731/8732 at about $720-780/mt C&F.