Seamless pipe demand from consuming industries remains sluggish in Turkey. However, foreign suppliers have attempted a price increase amid higher raw material prices and expected stronger buying activity in January. Prices of Chinese seamless pipes for the Turkish market have increased by $20/mt over the past month. Import offers of Ukrainian material have gone up by $10-30/mt, while prices of Russian seamless pipes have moved up by $30-40/mt over the period under review. Romanian seamless pipe prices for Turkey have mostly remained unchanged. Turkish buyers are not in a hurry to conclude deals, preferring to wait and evaluate developments.
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 $840-920/mt CFR.
Ukrainian producers' offers for seamless pipes of 2"-6" of S235JR grade as per EN are being given to the Turkish market at about $1,060-1,090/mt CFR, while pipes as per GOST are quoted at around $800-830/mt CFR.
Russian producer ChTPZ Group (Pervouralsky Novotrubny Works) is offering January production 2"-8" seamless hot-formed pipes of grade B made to ASTM at about $850-900/mt CFR.
Import offers of seamless pipes from Romania (ArcelorMittal), 3"-10" of grade B made to ASTM A106 or API 5L, are being given to the Turkish market at around $1,360-1,400/mt CPT.