Over the past month, amid the downtrend of global flat steel prices, demand in the local Turkish welded pipe market has been weak, though prices have remained unchanged.
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 unchanged at $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 remained stable at $650-670/mt FOB.