09
Oct
15:33
Turkish merchant bar export quotes fall
Turkish merchant bar producers have decreased their export quotes as a result of weaker demand and buyers’ price pressure.
Current quotes out of Turkey mostly stand at $490-495/tonne fob Turkey for angles, $500-505/t for IPN-UPN sections, $510-515/t for flat bars, and $500-505/t for IPE sections.
Buyers in the global market are seen to be withholding their purchases in the expectation of lower prices as a result of the reduction seen in billet and scrap pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous