26
May
15:59
Turkish pipe drops further on weak demand
The decline in Turkish pipe quotes has continued this week, though at a slower pace due to improved sentiment in the hot rolled coil market.
Turkish pipemakers’ offers for electric resistance welded (ERW) pipe made from S235 grade HRC were seen on Thursday at $850-880/tonne fob Turkey theoretical weight. However, lower and higher offers are also available from some producers depending on their production costs.
Although there has been a slight recovery in d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous