Despite extremely sluggish demand from foreign and local customers, Turkish welded pipe producers have kept their prices unchanged from two weeks ago. However, Turkish pipe producers are not going to make any price cuts as their costs are increasing. Market players expect demand to revive at the end of August after the end of Ramadan and the summer holidays.
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235JR grade as per EN 10219 are being given to the domestic market at about $680-710/mt ex-works, while ERW pipes of 1.5 mm wall thickness made from cold rolled coil (CRC) are in the range of $770-800/mt ex-works. Water and gas ERW pipes of 2.0-4.5 mm wall thickness made to EN 10255/DIN 2440 from S235 grade HR products are being offered in the domestic market at $710-730/mt ex-works.
Turkish producers are offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers at around $680-700/mt FOB. Water and gas ERW pipes with 20-114 mm diameter and with 2.0-4.5 mm wall thickness made to EN 10255 from S235 grade HR products are being offered for export at about $710-730/mt FOB.