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12 Jun
14:01

Turkish merchant bar export prices further increase

Turkish merchant bar producers further increased their prices this week as a result of higher billet prices. Demand - which increased considerably last week - has slowed this week and remained below last week’s levels. The EU, however, continued buying merchant bars from Turkey with the support of strong euro against the dollar, Kallanish notes. On Friday, Turkish merchant bar offers stood mostly at $460-470/tonne fob Turkey for angles, $470-480/t for IPN-UP…
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