Despite sluggish demand in both domestic and export markets, Turkish hollow section prices have remained largely stable in early September. While pipe producers are maintaining official price levels unchanged for the time being, weak trading activity is leading to greater flexibility in negotiations. Discounts are increasingly available for serious buyers, especially for large-volume orders, as sellers aim to sustain sales amid subdued interest both locally and abroad. Meanwhile, market participants are closely monitoring whether this price stability can be sustained if demand fails to recover in the coming weeks.
“September has started, but demand still falls short of expectations in both the domestic and export markets. There will naturally be some increase in activity compared to the summer, but how much this will support or impact prices remains uncertain,” a pipe producer commented to SteelOrbis
As a result, domestic hollow section offers have remained stable week on week at $620-640/mt ex-works.
Similarly, export prices have held steady at $620-630/mt FOB, unchanged from the previous week. However, sources indicate that some producers are willing to offer $600-610/mt FOB for serious buyers, particularly for larger-volume orders.