04
Nov
15:11
Turkish pipe prices soften amid weaker demand
Turkish pipe producers, which have been facing resistance to their prices in the global market, have decreased their offers this week despite firm raw material prices.
Offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil, which stood mostly at $920-970/tonne last week, are seen to have decreased to $915-960/t fob Turkey theoretical weight this week.
Although there is demand, pipe producers are seen struggling to convert offers in…
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Anonymous
Very good overview of the weekly steel market.
Anonymous