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29 Jul
14:36

Turkish pipemakers struggle to prop up export quotes

Turkish pipe producers are struggling to keep their export quotes unchanged despite the expected post-Eid-holiday hot rolled coil price decline not materialising. Some producers have nevertheless lowered their prices despite the unchanged feedstock cost. Although some mills’ quotes are unchanged at $1,000-1,050/tonne, export offers at $950-1,000/t fob Turkey theoretical weight are also available from other producers. This is for electric resistance welded (E…
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