This week, the Turkish hollow section market has shown little movement, with prices stable amid weak demand and cautious trading activity. Both domestic and export markets continue to experience subdued momentum as buyers adopt a wait-and-see approach, reluctant to commit to significant volumes due to ongoing economic uncertainty and sluggish construction activity. Consequently, overall market sentiment remains muted, and participants do not anticipate any major changes in pricing or trading levels in the near term unless there is a notable recovery in demand.
In the domestic market, hollow section offers have remained stable week on week, standing at $620-630/mt ex-works, similar to the previous week’s levels. However, according to market sources, several larger pipe producers are extending more competitive offers in the range of $570-580/mt ex-works.
In the export market, a similar trend of stability has been observed, with Turkish producers maintaining offers at $610-620/mt FOB, unchanged from the prior week.
