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22 Feb

Turkish pipe quotes edge down

Turkish pipe producers are seen facing weak demand in both domestic and export markets. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $700-730/tonne ex-works theoretical weight, down from $710-740/t last week. However, quotes above and below this range were also available from a few producers, depending on their sales strategies, HRC input costs and commitments under…
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