According to market sources, demand in the local Turkish welded pipe market has continued to be slack over the past two weeks, while trading activity has slowed down due to the approach of the New Year. Meanwhile, Turkish welded pipe sales have also been weak in the export markets, but some Turkish suppliers have continued to conclude welded pipe sales of just small tonnages to Greece, Israel, Georgia, Romania and to the UK.
Most offers of Turkish 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 the domestic market are at about $360-400/mt ex-works on actual weight basis, decreasing by $25/mt on average over the past two weeks.
Meanwhile, Turkish producers are offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers are at around $380-410/mt FOB, increasing by $10/mt on the upper end as compared to the price levels recorded two weeks ago.