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05 Jan
15:12

Turkish pipe increases further on costlier feedstock

Turkish pipe producers further increased their export offer prices this week due to the sharp recent rises seen in raw material prices. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $730-765/tonne fob Turkey theoretical weight, up by $10/t at the high end of the range. Demand, however, remained lacking amid continuing holidays in the EU, a major export market. Although most …
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