06
Jan
13:15
Turkish merchant bar offers increase despite lacking demand
Turkish merchant bar producers have further increased their quotes this week despite the lack of demand. The price rises are mostly the result of the sharp rises seen in scrap and billet prices.
On Friday, most producers’ export quotes were pegged at $740-750/tonne fob Turkey for angles, $750-760/t for IPN-UPN sections, $760-780/t for flat bars, and $750-760/t for IPE sections. However, lower and higher prices are also available from some producers, dependin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous