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18 Apr

Turkish pipe quotes soften, sales improve

Turkish pipe producers are seen to have decreased their prices in order to get a share from the demand in Tube & Wire Expo in Dusseldorf this week. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $670-685/tonne fob Turkey theoretical weight, down from $675-700/t on 4 April. Sales improved significantly, as Turkish mills had hoped, during the expo this week. Howeve…
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