06
Aug
14:20
Turkish merchant bar demand slows, prices fall
Turkish merchant bar producers have decreased their export quotes due to the further weakening in global demand.
On Friday, Turkish producers’ export offers stood mostly at $735-755/tonne fob Turkey for angles, $745-765/t for IPN-UPN sections, $755-775/t for flat bars, and $745-765/t for IPE sections. However, there are also offers at lower levels, with quotes seen varying depending on producers’ production cost, capacity utilisation level and freight …
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Anonymous
Very good overview of the weekly steel market.
Anonymous