08
Oct
14:40
Turkish pipemakers fill EU quota in one day
Turkish welded pipe producers, which have concluded high volumes of sales to the EU since July, have filled the EU second-term quotas that started on 1 October, in one day. As a result, many European buyers have been obliged to pay the 25% tax on surplus material.
A Turkish pipe producer tells Kallanish: “We have filled the previous term quotas in 15 days. Considering this, I shipped the material to be delivered on 3 October, but it was too late... I barely …
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Very good overview of the weekly steel market.
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