20
Jan
13:51
Turkish pipe quotes increase slightly despite weaker demand
Turkish pipe producers have increased their export quotes slightly since last week despite a slowdown in demand. The price rise is seen to have been driven by raw material costs.
Following a $15-20/tonne increase on-week, offers for electric resistance welded (ERW) pipe made from S235 grade hot rolled coil are seen at $865-895/tonne fob Turkey theoretical weight.
Although a recovery in UK and EU demand was observed last week, it has slowed this week. Following a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous