21
May
14:52
Costlier HRC, low demand squeeze Turkish pipe producers
Turkish welded pipe producers are struggling with low demand while their costs have further increased this week with the recent rises seen in hot rolled coil prices.
Although some producers have reflected HRC price increases in their offer prices this week, low demand is preventing most of them from raising offers.
Turkish pipemakers’ offers for electric resistance welded (ERW) pipe made from S235 grade HRC stand mostly at $450-470/tonne fob Turkey, u…
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Anonymous
Very good overview of the weekly steel market.
Anonymous