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20 Feb
15:06

Low demand pressures Turkish pipemakers

Following the fulfilment of EU quotas, Turkish welded pipe producers are suffering from low levels of demand in export markets. Although scrap prices have further increased since last week, Turkish pipemakers have failed to reflect the costlier scrap in their pipe pricing as a result of low welded pipe demand. Turkish pipe producers’ export offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil have remained stable at $525-540…
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