03
Jun
16:18
Turkish merchant bar falls further, market eyes recovery
Turkish merchant bar producers have decreased their quotes further in both domestic and export markets due to insufficient demand.
On Friday, Turkish merchant bar producers’ export quotes were mostly pegged at around $770-780/tonne fob Turkey for angles, $780-790/t for IPN-UPN sections, $800-810/t for flat bars, and $780-790/t for IPE sections. These reflect a $10-15/t decline in prices on-week. Still lower prices were also available from certain producers s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous