Turkish welded pipe producers’ domestic offer range for ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235 grade as per EN 10219 has remained stable week on week at $575-600/mt ex-works. Market sources report that the upper end of the price range in question has not gained acceptance from buyers.
Meanwhile, demand and bookings are at medium levels, though sellers are having problems in terms of receiving payment due to the ongoing economic problems in the country, according to market sources. It is also heard that buyers have greater bargaining power in the market as producers are more willing to meet the demand coming from buyers.