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10 Mar
14:55

Turkish pipe quotes skyrocket in line with HRC

Turkish pipe producers have been forced to increase their prices amid sharp price rises seen in HRC, their major raw material. As Russia’s invasion of Ukraine has most impacted hot rolled coil markets, prices of this product are seen recording sharp increases. Pipe producers consequently have increased their prices sharply since last week. After having sold at $950-1,020/tonne fob in the first half of last week, Turkish pipe producers’ offers for elec…
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