12
Sep
13:50
Turkish welded pipe producers struggle with poor demand
Following the further decreases seen in scrap and hot rolled coil prices, buyers of welded pipe in both the local Turkish and export markets are more reluctant to conclude deals.
Buyers, wishing to see prices bottom first, are delaying their restocking as much as possible and limiting buying activities to urgent needs, thereby putting more pressure on prices. Turkish mills have therefore had to decrease offers further. This week’s offers stand at $530-540/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous