18
Sep
13:55
Demand for Turkish merchant bars slows, competition tougher
Demand for Turkish merchant bars in the global market has weakend this week. As a result of the contraction in demand, tougher competition is observed among Turkish merchant bar producers with a widened price range.
Lower demand has also caused Turkish merchant bar producers to decrease their quotes. Current quotes out of Turkey mostly stand on Friday at $500-510/tonne fob Turkey for angles, $510-520/t for IPN-UPN sections, $520-530/t for flat bars, and $510-520/t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous