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19 Jan
15:02

Turkish pipe offers remain stable despite low demand

Turkish pipe producers are seen keeping their prices unchanged from last week although demand is yet to strengthen. Some have even slightly increased offer prices due to firm hot rolled coil values, which are further increasing pipe producers’ production costs. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade HRC were seen on Thursday mostly at $730-755/tonne fob Turkey theoretical weight, up by $5/t at the high end of …
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