Over the past three weeks, prices in the local Turkish welded pipe market have increased by $20/mt on average as a result of the rises in global flat steel prices
Accordingly, Turkish producers’ offers 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 domestic market have increased to $660-680/mt ex-works.
In the same period, Turkish producers’ export prices for ERW pipes and hollow sections with 2-4 mm wall thickness made from HRC of S235 grade as per EN 10219 have also increased by $20/mt, rising to $650-670/mt FOB.