21
Dec
14:28
Turkish pipemakers offer discounts despite costlier HRC
Turkish pipe producers are seen being forced to offer discounts over their official quotes due to an insufficient level of demand.
Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $685-720/tonne ex-works theoretical weight, down from $685-725/t two weeks earlier.
Demand in the EU and the UK has slowed this week, ahead of the Christmas holiday. Weak demand in major dest…
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Anonymous
Very good overview of the weekly steel market.
Anonymous