13
Apr
13:36
Turkish pipe continues to fall on weak sentiment
Turkish welded pipe producers have further decreased prices since last week due to a lack of buying interest in both domestic and export markets.
Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $780-815/tonne fob Turkey theoretical weight, down from $790-840/t last week.
Pipe producers are seen struggling to fulfil the export requirement stipulated by the Inward Processing Re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous