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14 Feb
15:15

Turkish merchant bar export prices rise

After a steady protracted decline, Turkish merchant bar exporters have increased offer prices due to the rebound seen in scrap and billet prices. Turkish merchant bar producers increased prices last week by $10/tonne from their previous levels. Current offers stand mostly at $480-490/tonne for angles, $490-500/t for IPN-UPN sections, $500-510/t for flat bars and $490-500/t for IPE sections. These are all on a fob Turkey basis. However, lower and higher prices…
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