Higher costs of HRC have resulted in price increases for tubes and pipes in Turkey. During the past three weeks export prices of Turkish ERW pipes and hollow sections have risen by $30-65/mt. Domestic quotations of locally produced ERW pipes have been increased by $10-45/mt during the period of review.
Export prices of Turkish ERW pipes of 2-6 mm wall thickness made from HRC are in the range $630-685/mt FOB, while the prices of round and square hollow sections of 2-6 mm wall thickness made to EN 10219 or ASTM A500 are at $630-675/mt FOB. Export offers of ERW pipes of 1.5 mm wall thickness made from CRC are at the level $730-785/mt FOB, with hollow sections at $730-775/mt FOB. 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 for export at $660-680/mt FOB.
Domestic quotations of ERW pipes of 2-6 mm wall thickness made from HRC are at the level $640-660/mt ex-works, while ERW pipes of 1.5 mm wall thickness made from CRC are at the range of $780-800/mt ex-works. Domestic prices of round, square and rectangular hollow sections grades A of 2-4 mm wall thickness made to ASTM A500 from HRC are at about $640-650/mt ex-works, while prices of hollow sections of 1.5 mm wall thickness made from CRC are at about $750-760/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 for the domestic market at $690-730/mt ex-works.
Local Turkish producer Borusan Mannesmann recently decreased discounts on its industrial pipes, water pipes and hollow sections from 26-28 percent to 18-20 percent. As a result, taking into account the discount levels, domestic prices of black water ERW pipes made to EN 10255 are in fact at the level of $680/mt ex-works for 5"-6" size and 5.4 mm wall thickness.
Actual offers of galvanized water pipes of 2"-4" size made to EN 10255 are being given to the domestic market at $770-805/mt ex-works. Quotations for industrial pipes of 60-76 mm outside diameter and 1.5-2.0 mm wall thickness made to DIN 2394/EN 10305-3 from CRC are at the level of $875-890/mt ex-works (taking discounts into consideration).
Currently Turkish pipe mills are very cautious as regards issuing offer prices due to the recent price increases for locally produced flat products. Participants in Turkey's welded pipe market are now very optimistic and think that buying activity will soon gain strength as the month of Ramadan draws to a close.