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17 Aug
14:58

Turkish pipe quotes strengthen on demand improvement hopes

Turkish pipe producers have increased their prices from the beginning of the month despite demand remaining well below satisfactory levels. This is mostly due to recent hikes seen in scrap and hot rolled coil values, Kallanish notes. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade HRC were seen on Thursday mostly at $670-700/tonne fob Turkey theoretical weight. Turkish mills have started preparing to fulfill orders …
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