25
Apr
15:22
Turkish pipe quotes slide amid tough competition
Turkish pipe producers are competing intensely with each other in the EU and UK markets. This has led to a decline in pipe offers compared to last week, although producers' hot rolled coil costs did not decrease at the same rate.
Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade HRC were seen on Thursday mostly at $655-675/tonne fob Turkey theoretical weight, down from $670-685/t last week.
However, those produce…
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Anonymous
Very good overview of the weekly steel market.
Anonymous