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28 May
15:50

Turkish pipe producers foresee continuation of subdued demand

Turkish pipe producers continue to face low demand in export markets following the Eid holiday, after which participants returned to work on Wednesday. Turkish pipemakers’ offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil stand mostly at $450-470/tonne fob Turkey, unchanged on-week. Although higher prices are also available from some producers, the probability of realisation of higher prices is quite low amid weak demand a…
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