03
Apr
15:20
Low demand pressure squeezes Turkish welded pipe producers
Turkish welded pipe producers are reported to be struggling to survive, with export demand decreasing each day.
Although producers have tried to maintain their offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil at above $500/tonne fob, they have been unable to sell at these levels.
“Due to the very limited number of price inquiries, we had to accept prices even below $485/t fob, though the quantities were not satisfactory…
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Anonymous
Very good overview of the weekly steel market.
Anonymous