03
Mar
15:18
Turkish pipe producers withdraw offers amid uncertainty
Turkish pipe producers are seen keeping their sales mostly closed amid uncertainty and rapidly increasing raw material prices.
As Russia’s invasion of Ukraine has most impacted hot rolled coil markets, prices of this product are seen recording sharp increases. Pipe producers are consequently refraining from selling material before securing HRC feedstock.
Although demand in the EU and the UK is strong for Turkish pipe, producers are seen refraining from offe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous