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15 Dec
14:38

Costlier HRC lifts Turkish pipe offers

Turkish pipe producers have further increased their offer prices this week due to hot rolled coil prices rising globally. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade HRC were seen on Thursday mostly at $720-750/tonne fob Turkey theoretical weight, up from $700-720/t fob last week. Producers, however, are seen ready to offer discounts on firm bids as export demand remains unsatisfactory. Although there are inquiries, the…
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