20
Aug
14:10
Costlier HRC further squeezes Turkish pipe producers
Turkish pipe producers are struggling to sell their products in the global market as buyers find their quotes too high and are bidding at much lower levels.
Pipemakers are unable to accept the bids, mostly at $500-510/tonne fob Turkey, as their raw material costs have increased. Hot rolled coil producers, on the other hand, which are offering October-delivery material at $515-525/t ex-works, are telling buyers they will soon start offering November-delivery materi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous