30
Sep
15:42
Turkish pipe continues downtrend amid softer HRC, demand
Turkish pipe producers continue to face slow demand in the global market. Weak demand, coupled with buyers’ pressure due to lower hot rolled coil prices, has caused Turkish welded pipe export quotes to further slide this week.
Most offers for electric resistance welded (ERW) pipe made from S235 grade HRC are seen varying at $860-910/tonne fob Turkey theoretical weight. However, lower and higher offers are also available from some producers, depending on thei…
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Anonymous
Very good overview of the weekly steel market.
Anonymous