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09 Nov
14:19

Weak demand prevents Turkish pipe prices from recovering

Turkish pipe producers continue to suffer from weak demand in both export and domestic markets, preventing them from increasing prices despite costlier raw materials. Pipemakers’ official offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday mostly at $660-700/tonne ex-works theoretical weight, unchanged from last week. However, higher and lower offers are available in the market depending on producers&r…
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