Demand in the local Turkish welded pipe market is still on the weak side, while prices have remained stable week on week due to the sideways movement seen in hot rolled coil (HRC) prices. Market players state that, even though sellers have been trying to push their prices upwards, they have faied due to the weakness of demand.
Most offers of Turkish 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 domestic market are at about $350-385/mt ex-works on actual weight basis, moving sideways on average over the past week. Also, discounts are still available depending on buyer and tonnage.
Meanwhile, Turkish producers are still offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers at around $340-350/mt FOB, on theoretical weight basis.