21
Apr
15:09
Turkish pipe offers continue to fall on stagnant market
Turkish pipe producers are seen to have decreased their quotes due to the weak demand in export destinations.
Turkish pipe producers’ offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil were seen on Thursday at $1,130-1,200/tonne fob Turkey theoretical weight.
Falling prices and the bearish sentiment in the global hot rolled coil market are causing global pipe producers to halt purchases. While this is causing some Tu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous