17
Feb
15:01
Surging Turkish pipe offers stabilise, export demand weakens
Following sharp hikes arising from surging raw material prices in previous weeks, Turkish pipe quotes are seen to have stabilised this week, Kallanish notes.
Offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil were seen on Thursday at $920-945/tonne fob Turkey theoretical weight. Prices vary depending on production cost and mill utilisation.
Turkish pipe producers concluded numerous sales to the UK and the EU last week for the qu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous