The situation in the Turkish welded pipe market has remained almost unchanged over the past two weeks. Export demand remains at minimal levels due to the Christmas holidays in Europe, while local buyers show little interest in purchasing as the weak season persists. Thus, Turkish pipe producers have kept their prices unchanged over the past two weeks amid the quiet market situation. Market insiders expect that activity levels will pick up after the Christmas and New Year holidays and that pipe shipments will begin to show a moderate increase in the first quarter of next year.
Most offers of Turkish ERW pipes and hollow sections with 2-4 mm wall thickness made from hot rolled coil (HRC) of S235JR grade as per EN 10219 are being given to the domestic market at about $650-670/mt ex-works on actual weight basis, while ERW pipes of 1.2-1.5 mm wall thickness made from cold rolled coil (CRC) of DC01 steel grade are in the range of $750-790/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 in the domestic market at $680-700/mt ex-works.
Turkish producers are offering ERW pipes and hollow sections made from HRC of steel grade S235 JRH as per EN 10219 to foreign customers at around $640-660/mt FOB, while quotations of cold rolled pipes of 1.5 mm wall thickness of steel grade S235 are at around $720-750/mt FOB. Water and gas ERW pipes with 20-114 mm diameter and with 2.0-4.5 mm wall thickness made to EN 10255 from S235 grade HR products are being offered for export at about $670-690/mt FOB.