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12 Oct
14:50

Turkish pipemakers fail to increase prices, demand lacklustre

Turkish pipe producers have kept their offer prices mostly stable despite the 20% hikes in electricity and natural gas prices since the beginning of the month. This is mostly due to demand remaining subdued. 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, amid unsatisfactory demand, som…
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