05
Aug
15:22
Turkish pipe quotes decrease amid weak demand
Turkish pipemakers have been forced to decrease their export quotes due to the significant fall in demand this week. The summer holidays in the EU, the largest export destination, are the main reason for the demand decrease.
Although Turkish pipe producers are yet to see a remarkable decrease in hot rolled coil feedstock prices, they have decreased their pipe quotes to $930-990/tonne fob Turkey theoretical weight, from $950-1,050/t last week. This is for electric …
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Anonymous
Very good overview of the weekly steel market.
Anonymous