18
Aug
14:57
Turkish pipe quotes fall further amid lacklustre demand
Turkish pipe producers are seen to have decreased their offers further due to demand failing to improve.
Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $660-680/tonne fob Turkey theoretical weight, down $20/t on week.
Demand remains non-existent amid continuing holidays and weak sentiment in the global market. The EU, specifically, a major market for Turkish pipe exports, is …
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Anonymous
Very good overview of the weekly steel market.
Anonymous