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04 Mar
15:36

Turkish pipemakers raise quotes further despite subdued sales

Turkish pipe producers have further increased their export quotes this week, although they find demand in the global market unsatisfactory. The price increases are mostly the result of higher hot rolled coil prices in Turkey. Electric resistance welded (ERW) pipe made from S235 grade HRC prices are pegged at $830-870/tonne fob Turkey theoretical weight, up from $810-820/t last week. The price difference between producers has also increased, with mills that ar…
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