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19 Aug
16:17

EU holidays slow Turkish pipe exports

Turkish pipe producers are facing a serious slowdown in export sales due to the ongoing holidays in the EU, their largest export destination. Due to the weakening in demand, the price spread between producers is seen to have widened. While some producers that have production cost advantage offer much lower prices, some are seen offering at above $1,000/tonne. Most offers, however, are seen varying at $940-980/t fob Turkey theoretical weight. This is for electric …
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