Despite some firmer signals from hot rolled coil producers, supported by the recent upward trend in scrap prices, the Turkish hollow section market has not followed the same direction over the past week. With demand remaining weak in both the domestic and export markets, most pipe producers have kept their offer levels unchanged, citing limited room for price increases. According to market feedback, while discounts are now less generous compared with previous weeks, some flexibility is still available, particularly for larger-volume transactions. However, amid ongoing financial constraints, the majority of buyers have continued to purchase only cautiously, in line with their needs. Market sources also noted that the domestic market has shown slightly better conditions than the export market, while export sales have remained very slow, limited mainly to neighboring countries.
As a result, domestic hollow section prices have remained stable, with workable levels reported at $620-630/mt ex-works, unchanged from the previous week. Nevertheless, some producers have continued to show flexibility for higher-volume orders, with discounted offers heard at $600-610/mt ex-works.
Similarly, in the export segment, price indications have also remained unchanged, with most offers assessed at $610-620/mt FOB. However, sources indicated that some of the larger mills have adopted a more competitive pricing approach to secure orders, with offers reported at around $580-590/mt FOB.
