No significant change has been observed in Turkey’s welded pipe export prices in the current week as demand has remained at low levels.
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 the export markets has remained unchanged at $600-640/mt FOB. However, the upper end at $640/mt FOB is considered to be on the high side, and so no new welded pipe export transaction has been concluded at this level yet.
If no major rise in demand is observed in the coming weeks, Turkish welded pipe export prices are expected to move in line with hot rolled coil (HRC) quotations.