14
Sep
15:21
Turkish pipe quotes stabilise, sellers resist lower bids
Turkish producers’ export quotes are seen remaining mostly unchanged from last week, notes Kallanish.
Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $660-700/tonne ex-works theoretical weight.
Producers, who were selling at around $650/t ex-works levels in previous weeks, are now refusing these levels due to HRC suppliers’ attempt to hike quotes. Pipemake…
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Anonymous
Very good overview of the weekly steel market.
Anonymous