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02 Jun
16:21

Turkish pipe quotes dive deeper on lacklustre demand

Turkish pipe quotes continued to decline this week due to subdued demand as buyers are seen expecting lower prices in the near future and limiting their purchases to urgent needs. Turkish pipemakers’ offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil were seen on Thursday at $800-850/tonne fob Turkey theoretical weight, down from $850-880/t last week. However, lower and higher offers are also available from some producers d…
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