03
Feb
15:07
Turkish pipemakers withdraw offers amid surging HRC prices
Turkish pipe producers are being cautious due to the sharp rises seen in hot rolled coil prices since last week.
While some pipemakers have sharply increased their prices since last week, in line with HRC price rises, others are refraining from giving offers while waiting for HRC prices to settle.
Following a $40/tonne increase on-week, offers for electric resistance welded (ERW) pipe made from S235 grade HRC were seen on Thursday at $920-945/tonne fob Turkey th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous