01
Oct
12:12
Poor demand blights Turkish merchant bar export markets
Turkish merchant bar producers have not yet seen a recovery in export demand despite firm scrap and billet prices.
Turkish merchant bar producers had been expecting to see demand rebound last week. Besides the weakness of demand, costlier freight has brought international trade almost to a halt.
Turkish producers’ export offers have further inched down. On Friday, they stood mostly at $685-700/tonne fob Turkey for angles, $695-710/t for IPN-UPN sections, $7…
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Anonymous
Very good overview of the weekly steel market.
Anonymous