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30 Oct
15:19

Global demand for Turkish merchant bar slows

Turkish merchant bar exporters had a quiet week in terms of demand last week. Although demand had a strong start to the week, it slowed later. Merchant bar producers, however, increased their quotes despite the slow demand, mostly due to higher scrap and billet prices. Following the increases of $5-10/tonne, current quotes out of Turkey stand mostly at $495-505/t fob Turkey for angles, $505-515/t for IPN-UPN sections, $515-525/t for flat bars, and $505-515/t for …
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