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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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