09
Sep
15:15
Turkish pipe quotes continue to slide
Turkish pipe producers have further decreased their export quotes this week due to buyer pressure and the hot rolled coil price downtrend.
Most offers for electric resistance welded (ERW) pipe made from S235 grade HRC are seen varying at $900-960/tonne fob Turkey theoretical weight. There are however a few producers that have to offer at higher levels due to costlier HRC in their inventories.
On the other hand, producers that have production cost advantage are s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous