Market players inform SteelOrbis that demand in Turkey's seamless pipe market is improving day by day. Import offers of seamless pipes continue to increase slowly in the Turkish market. Over the past month Chinese suppliers have raised offer prices by $30-50/mt, while seamless pipe makers from the CIS have increased prices by $20-30/mt over the same period. The general mood in this market is positive. However, trading activity will probably be weak in August-September in Turkey due to the month of Ramadan. Market insiders expect that foreign suppliers of seamless pipes may increase their prices after the holidays, for October production.
Offer prices of Chinese seamless pipes 2"-6" grade B made to ASTM A106/API 5L are at about $770-800/mt C&F Marmara Sea ports.
Ukrainian 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, are being offered for the Turkish market at about $770-820/mt C&F. Offers of Ukrainian seamless pipes with diameter of 168-353 mm grade S355 made to EN 10210 are being given at around $890-900/mt C&F.
Quotations of Russian seamless pipes with diameter up to 219 mm made to GOST 8731/8732 or ASTM A106 are in the range of $740-790/mt C&F.