05
Oct
15:05
Turkish pipe quotes remain stable despite higher costs
Turkish pipe producers have kept their offer prices mostly stable despite the recent 20% hikes in electricity and natural gas prices. This is mostly due to demand remaining subdued.
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. However, amid unsatisfactory demand, some producers are seen offering these levels on a fob …
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Anonymous
Very good overview of the weekly steel market.
Anonymous