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14 Oct
15:29

Costlier raw materials push up Turkish pipe quotes

Turkish welded pipe prices, which continued to decrease until last week, are seen to have recovered this week. Most offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil are seen varying at $870-920/tonne fob Turkey theoretical weight, up $20/t on-week. Some producers, however, are refraining from giving offers and halting sales since Wednesday afternoon. This is mostly because of the ongoing rises seen in raw material prices and …
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