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30 Nov
14:07

Turkish pipe producers materialise expected price hikes

Turkish pipe producers have finally increased their prices after failing to reflect the increases in hot rolled coil values in their pipe quotes for a while. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade HRC were seen on Thursday mostly at $680-715/tonne ex-works theoretical weight, up from $660-700/t last week. Although the strong euro provides an advantage for Turkish exporters, they are not registering the ex…
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