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17 Dec
14:14

Turkish merchant bar offers slide further amid bearishness

Turkish merchant bar producers have slightly decreased their export quotes due to poor demand. Although there was a slight improvement in demand the week prior, it once again weakened last week. Following a $5/tonne decrease in offers last week, Turkish merchant bar producers’ export quotes stand mostly at $740-750/t fob Turkey for angles, $750-760/t for IPN-UPN sections, $760-770/t for flat bars, and $750-760/t for IPE sections. Producers, however, seem to…
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