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29 Jan
14:29

Turkish merchant bar export demand stagnates

Turkish merchant bar producers are facing weak demand in the global market as most buyers are halting purchases while expecting prices to bottom. Following price decreases on Friday, quotes out of Turkey stood at $665-685/tonne fob Turkey for angles, $675-695/t for IPN-UPN sections, $685-705/t for flat bars, and $675-695/t for IPE sections. A Turkish merchant bar producer told Kallanish on Friday: “We have tried not to miss a single bid but they were quite …
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