Have welded pipe prices in Europe hit bottom levels?

Prices of welded pipe in the European domestic market, which had moved downwards for a long time, are not expected to decrease further.

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Product Weekly Change (%)
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Product Weekly Change (%)
HRC FOB CIS 0
HRC imports CFR Turkey 0
Iron ore (62%) CFR China 4.91
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  Weekly Change (%)
Turkish HRC Index 1.04
China HRC export index -0.94
Black Sea HRC Export Index 0
Turkish HDG Index 3.84
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USA Scrap Export January - November 2018 / mton
Turkey 3,226,222
Taiwan 1,780,739
Mexico 1,729,572
Canada 1,305,613
Vietnam 980,223
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