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28 Oct
11:05

Turkish pipe makers struggle to pass on costs

Turkish pipe producers are seen facing resistance to their prices in the global market. Although Turkish pipe producers have further increased their export quotes this week, they are being forced to give discounts despite their rising costs for hot rolled coils. Most offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil are seen at $920-970/tonne fob Turkey theoretical weight, up $20/t on-week. However, offers at $990-1000/t are al…
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