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26 Jan

Turkish pipe producers struggle to keep prices stable

Turkish pipe producers are seen struggling to keep their prices stable amid weak demand, although hot rolled coil prices are continuing to rise. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade HRC were seen on Thursday mostly at $730-755/tonne fob Turkey theoretical weight, unchanged from last week. Turkish producers have failed to see the expected demand revival in the European and UK markets. A producer tells Kallanish: …
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