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08 Dec
14:44

Turkish pipe quotes rise amid costlier raw materials

Turkish pipe producers, who were struggling to increase their offers despite rising raw materials costs in previous weeks, have finally hiked their quotes. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $700-720/tonne fob Turkey theoretical weight, up from $680-710/t fob last week. However, lower offers are also available from some producers that have a cost advantage and are…
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