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04 Jan
14:20

Turkish pipe quotes rise despite lacking export demand

Turkish pipe producers have increased their official quotes this week, although demand has showed no improvement so far, Kallanish notes. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $700-740/tonne ex-works theoretical weight, up from $685-720/t two weeks earlier. Demand, however, is far from supporting higher prices. Especially in the EU, the largest export market…
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