27
May
14:11
Turkish merchant bar falls amid weakened demand
Turkish merchant bar producers have decreased their export quotes further due to subdued demand.
On Friday, Turkish merchant bar producers’ export quotes were mostly pegged at around $780-800/tonne fob Turkey for angles, $790-810/t for IPN-UPN sections, $810-830/t for flat bars, and $790-810/t for IPE sections. These reflect a $10-15/t decline in prices on-week. Still lower prices were also available from certain producers selling more aggressively and havin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous