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16 Sep
15:10

Downward trend continues in Turkish pipe market

The long-standing downward trend in Turkey’s pipe market is seen continuing. Turkish pipe producers have further cut their prices in both export and domestic markets since last week, and tough competition is observed between producers and stockists in Turkey’s domestic market. Most offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil are seen varying at $880-940/tonne fob Turkey theoretical weight. There are, however, a…
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