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29 Apr
16:08

Turkish pipemakers’ price hikes falter despite costlier HRC

Turkish welded pipe producers have failed to reflect hot rolled coil price hikes in their quotes, due mostly to low export demand and buyers’ resistance to higher prices. The price spread between producers is widening further as a result of different raw material inventory costs between mills. Turkish producers’ prices of electric resistance welded (ERW) pipe made from S235 grade HRC stand at $970-1,050/tonne fob Turkey theoretical weight. However, bo…
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