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16 Jun
16:41

Turkish pipe quotes fall further on weak demand

Turkish pipe producers have further decreased their quotes due to weak demand and continuously decreasing hot rolled coil prices. Turkish pipemakers’ offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil were seen on Thursday at $800-880/tonne fob Turkey theoretical weight. However, lower and higher offers are also available from some producers, depending on their production costs and aggressiveness toward selling. Although …
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