Welded pipe prices soften again in Turkey

Tuesday, 25 September 2012 12:27:40 (GMT+3)   |  
       

The downtrend persists in the Turkish market for welded pipes amid continuously low demand at home and abroad and falling raw material costs. Domestic and export offers of welded pipes from Turkish producers have declined by around $10-20/mt over the past two weeks. Market participants do not expect the situation to improve in the near future due to slow implementation of construction projects in the country and obscure prospects of the global market developments, and welded pipe prices may continue to slide down on weaker sentiment in both domestic and export markets for welded pipes.
 
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 $660-690/mt ex-works, while ERW pipes of 1.5 mm wall thickness made from cold rolled coil (CRC) are in the range of $740-780/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 $690-710/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 $650-680/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 $680-710/mt FOB.

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