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25 Mar
14:17

Turkish pipe producers’ concerns mount amid increasing costs

After bemoaning low demand, high freight rates and increasing raw material costs for a while, Turkish pipe producers have seen business come to a standstill. Electric resistance welded (ERW) pipe made from S235 grade hot rolled coil prices is pegged at $860-890/tonne fob Turkey theoretical weight. However, lower quotes are also heard from producers that have a production cost advantage. A Turkish pipe producer tells Kallanish: “While struggling with h…
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