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11 Mar
14:00

Costs, prices squeeze Turkish pipe producers

Turkish pipe producers are seen struggling with higher raw material costs and insufficient demand. While hot rolled coil prices continue rising in Turkey despite the decreases seen in scrap values, Turkish pipe producers have been squeezed between higher costs and subdued sales. Electric resistance welded (ERW) pipe made from S235 grade HRC prices are pegged at $830-870/tonne fob Turkey theoretical weight. However, lower quotes are also heard from producers …
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