11
Sep
15:25
Turkish merchant bar export prices rise further
Turkish merchant bar producers have further increased their export quotes amid costlier scrap and billet.
Turkish merchant bar offers stood on Friday at $505-520/tonne fob Turkey for angles, $515-530/t for IPN-UPN sections, $525-540/t for flat bars, and $515-530/t for IPE sections, each up $10/t on-week.
CIS-origin billet prices, meanwhile, have risen to $415-420/t fob Black Sea. Kardemir, with a more competitive price, sold almost 80,000 tonnes of billet on Tues…
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Anonymous
Very good overview of the weekly steel market.
Anonymous