Turkish producers’ welded pipe export prices move down

Wednesday, 14 November 2018 15:45:08 (GMT+3)   |   Istanbul
       

Turkish welded pipe producers have reduced their export prices in order to step up their export sales. Turkish producers’ offer range for ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235 grade as per EN 10219 to their export markets has declined by $20/mt week on week to $590-620/mt FOB. Accordingly, the price margin between hot rolled coil and welded pipe has narrowed and welded pipe export offers have moved down below $600/mt for the first time in a long while. Demand for welded pipes from the export markets has softened due to the approaching year-end, while Turkish welded pipe producers’ export sales have weakened.


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