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27 Apr
16:04

Turkish pipe offers decline further on weak demand

Turkish pipe producers have further decreased their pipe quotes this week amid falling raw material prices and weak demand. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $735-785/tonne fob Turkey theoretical weight, down from $790-840/t two weeks prior. Turkish pipe producers are struggling with weak demand in both export and domestic markets. Some that are struggling to fu…
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