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27 Jul
15:38

Turkish pipe quotes fall further amid subdued demand

Turkish pipe producers are seen facing quite stagnant demand in their export markets amid holidays and demand contraction, Kallanish notes. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $640-680/tonne fob Turkey theoretical weight. However, some producers are seen offering discounts over these prices in order to get a share from the limited demand and fulfil the…
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