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11 Aug
15:05

Turkish pipe quotes slide amid weak demand

Turkish pipe producers are decreasing their offers amid thin order books and insufficient demand. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $680-690/tonne fob Turkey theoretical weight. However, lower prices are also available from some suppliers who are selling more aggressively. Although there are sales concluding to the UK, European demand is yet to reach expected lev…
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