Over the past week, 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 have decreased by $27.5/mt on average to $560-580/mt FOB.
Although Turkish welded pipe exporters have concluded deals to Europe and this situation has prompted trading activity, demand for Turkish welded pipe in the export markets has not increased to strong levels. As the European Commission’s awaited decision in terms of the antidumping duty investigation against steel imports from three countries, including Turkey, may be applied retroactively to include the three-month period before the announcement, Turkish welded pipe exports to Europe may decrease in the coming period. Meanwhile, the European Parliament has voted today, January 16, in favor of the proposed safeguard measures against steel imports and the quotas, which were determined by the European Commission and were sent to the World Trade Organization, have been accepted. Accordingly, in Europe, welded pipe and hollow section imports from Turkey will be subjected to quotas from February 4 this year to July 2021