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09 Apr
16:12

Higher Turkish merchant bar export quotes face resistance

Turkish merchant bar producers have increased export quotes by $10/tonne. The move is however seen to be facing resistance from global buyers. On Friday, Turkish producers’ quotes stood mostly at $670-690/tonne fob Turkey for angles, $680-700/t for IPN-UPN sections, $690-710/t for flat bars, and $680-700/t for IPE sections. However, lower prices were also available from some producers. A Turkish merchant bar re-roller tells Kallanish: “We have increas…
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