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27 Oct
15:21

Weak demand, tough competition pressure Turkish pipe prices

Turkish pipe producers are seen struggling to keep their prices firm amid unsatisfactory demand and tough competition among themselves. Pipemakers’ offers for electric resistance welded (ERW) pipe made from S235-grade hot rolled coil were seen on Thursday at $710-735/tonne fob Turkey theoretical weight, mostly unchanged from mid-October levels. However, some producers are seen offering lower levels at $695-700/t fob in order to get a share from the limited d…
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