27
Jan
13:14
Turkish pipe quotes rise amid higher production costs
Turkish pipe producers have increased their export quotes further this week due to the rises seen in production costs. Besides the significant hike in energy rates, the sharp rise in hot rolled coil prices has also lifted costs.
Following a $15-20/tonne increase on-week, offers for electric resistance welded (ERW) pipe made from S235 grade HRC are seen at $880-910/tonne fob Turkey theoretical weight. Prices are seen varying depending on production cost and utilisa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous