19
Aug
15:31
Lacklustre demand pushes down Turkish merchant bar prices
Turkish merchant bar producers have decreased their export quotes due to demand remaining insufficient.
On Friday, producers’ export quotes were mostly pegged at around $680-700/tonne fob Turkey for angles, $690-710/t for IPN-UPN sections, $710-730/t for flat bars, and $690-710/t for IPE sections, down $10/t on week. Most producers, however, are seen to be ready to offer discounts on quotes for higher tonnages.
A few sales were heard last week to the EU, La…
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Anonymous
Very good overview of the weekly steel market.
Anonymous