Demand for import seamless pipes has generally remained poor in Turkey. Prices for Chinese seamless pipes have declined by $40/mt over the past month, while prices of Russian seamless pipes have moved down by around $40-50/mt over the same period. Import offers of Ukrainian material have decreased by just $5/mt. However, at the same time, import quotations of Romanian seamless pipes have increased by around $20-30/mt amid currency fluctuations. The outlook for future developments in the market is quite gloomy because of the possibility of a further decline in raw material quotations and due to the approach of Ramadan.
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 $760-860/mt CFR.
July production pipes from Ukrainian producers of 2"-6" grade B as per ASTM A106/API 5L are being offered to the Turkish market at about $930-950/mt CFR, while pipes with 60.3-168.3 mm diameter of steel grade 10, 20 made to GOST are quoted at around $910-930/mt CFR.
Russian producer ChTPZ Group (Pervouralsky Novotrubny Works) is offering August production 2"-8" seamless hot-formed pipes of grade B made to ASTM at about $880-900/mt CFR.
Import offers of seamless pipes from Romania (ArcelorMittal), 3"-10" pipes of grade B made to ASTM A106 or API 5L, are being given to the Turkish market at around $1,320-1,340/mt CPT.