11
May
16:30
Turkish pipe ends downswing despite weak export demand
Turkish pipe producers are keeping their export offers mostly stable since last week despite weak demand.
Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $730-755/tonne fob Turkey theoretical weight.
Although some producers with larger order books are offering higher prices of around $780-790/t fob, these values are failing to find buyers in the global market.
Producers&rsquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous