15
Nov
14:16
Costlier billet forces Turkish merchant bar hike
Merchant bar demand, especially in the Turkish domestic market, has shown signs of slight improvement. However, Turkish merchant bar re-rollers, who are unsure about the direction of the market, are facing difficulties in sourcing billet at desired prices.
As a result of higher billet prices, Turkish merchant bar producers are seen to have further increased export prices last week. Turkish producers’ current offer prices stand mostly at $470-480/t for angl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous