04
Feb
15:36
Turkish pipe producers struggle to prop up prices
Turkish welded pipe producers are trying to keep their official offer prices unchanged despite weak demand. This is because domestic producers of their feedstock, hot rolled coil, are resisting lower prices.
Although most Turkish welded pipe producers are trying to maintain official quotes at last week’s levels, some that have a production cost advantage have already started giving offers at $760/tonne fob Turkey. The majority were still quoting at $770-790/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous