Buyers have recently become somewhat more active in the seamless pipe market in Turkey. Foreign seamless pipe suppliers have adopted different price policies: Chinese supplier have raised offer prices by $90-100/mt, Ukrainian suppliers have lowered theirs by $120-130/mt, while Russian producers have kept their quotations unchanged. As a result, quotations of the main suppliers of seamless pipes to the Turkish market are almost at the same level. Furthermore, as traders believe, despite the recovery of demand, the market is not ready to follow an upward trend. While sales of seamless pipes are increasing slowly in the Turkish market, any rising price movement could frighten off present consumers and nullify all positive developments.
Current quotations for Chinese origin seamless pipes 2"-6" grade B made to ASTM A106/API 5L are in the range of $720-770/mt C&F Marmara Sea ports. SteelOrbis has also heard of offers of Chinese origin 7"-13 3/8" casing pipes K55 made to API 5CT, BTC at $880-950/mt C&F Mersin.
Quotations for Ukrainian seamless pipes with diameter of 57-159 mm made of steel grade 10, 20 according to GOST 8731/8732, or of steel grade B made to ASTM A106/API 5L, are in the range $750-800/mt C&F, while 168-325 mm pipes are priced at $810-900/mt C&F.
Offer prices of Russian seamless pipes with diameter up to 219 mm made to GOST 8731/8732 or ASTM A106 are at about $710-770/mt C&F.
Offers of seamless pipes from Eastern Europe are being given to the Turkish market at a minimum of $1,250/mt C&F.