12
Feb
13:09
Turkish merchant bar demand recovers, prices up
Turkish merchant bar producers saw a significant rise in global demand last week and have increased their prices for the first time following consecutive declines since early January.
Turkish producers’ quotes increased to $660-680/tonne fob Turkey for angles, $670-690/t for IPN-UPN sections, $680-700/t for flat bars, and $670-690/t for IPE sections.
With the beginning of an upward trend in scrap and billet prices, merchant bar buyers, who had halted their …
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Anonymous
Very good overview of the weekly steel market.
Anonymous