16
Mar
15:01
Costs, buyers’ expectations squeeze Turkish pipe producers
Turkish pipe producers have decreased their quotes this week despite firm raw material prices.
Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $840-860/tonne fob Turkey theoretical weight, down from $890-900/t a week earlier. However, lower and higher prices are also available. The price spread between producers has widened due to their diverging sales strategies, costs, market…
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Anonymous
Very good overview of the weekly steel market.
Anonymous