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06 May
15:56

Costs force Turkish pipe hike despite unfavourable market

Turkish pipe producers have further increased their export quotes this week amid costlier raw materials, despite demand being far from satisfactory. Turkish producers’ prices of electric resistance welded (ERW) pipe made from S235 grade hot rolled coil stand at $980-1,190/tonne fob Turkey theoretical weight. However, both lower and higher quotes are also heard from producers, depending on their utilisation level, market outlook and raw material inventory cos…
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