Demand for seamless pipes in the Turkish market has weakened over the past month in view of the approach of the winter season and the slowdown in the global market. Turkish traders do not expect any surge in demand in the country in the coming month and are abstaining from big purchases. Import offers of seamless pipes from China have declined by $10-20/mt over the past month. Quotations of Romanian pipes have moved down by around $40/mt, while offers of Russian seamless pipes have decreased by a maximum of $20/mt over the past month. Business activity in the Turkish market for seamless pipes is expected to be quiet for the rest of the year given the slower activity in the winter season.
Chinese suppliers are offering seamless pipes of 2"-12" grade B made to ASTM A106/API 5L to the Turkish market in the price range of $640-680/mt CFR.
Ukrainian producers' offers for 60-273 mm seamless pipes of grade 10, 20 as per GOST are being given to the Turkish market at about $830-850/mt CFR, while 2"-10" pipes as per ASTM/API are quoted at around $850-880/mt CFR.
Russian producer ChTPZ Group (Pervouralsky Novotrubny Works) is offering 2"-6" seamless hot-formed pipes of grade B made to ASTM at about $830-850/mt CFR Turkey.
Import offers of seamless pipes from Romania (ArcelorMittal), 3"-10" of grade B made to ASTM A106 or API 5L, are being given to the Turkish market at around $1,200-1,240/mt CPT.