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16 Jul
14:40

Turkish pipe export prices decline despite costlier HRC

Turkish pipe exporters are facing low demand globally following the withdrawal of European buyers from the market. Most pipemakers are seen to have decreased their export offer prices despite the rise seen in domestic hot rolled coil prices. This week, most offers for Turkish electric resistance welded (ERW) pipe made from S235 grade HRC decreased to $470-480/tonne fob Turkey theoretical weight from $475-490/t fob last week. However, prices at and even below $460…
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