Over the past week, the upward trend of domestic hot rolled coil (HRC) prices in Turkey has not been reflected in domestic welded pipe prices yet. Due to the fluctuations of the US dollar-Turkish lira exchange rate, buyers and seller have been unwilling to conclude deals, resulting in quiet trading activity during the week. Meanwhile, Turkish exporters have continued sales to their target markets.
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 remained stable at $670-700/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 remained unchanged at $685-700/mt FOB.