08
Oct
15:17
Turkish merchant bar prices recover following long downtrend
Following a long-lasting downward trend, Turkish merchant bat producers have increased their export offer quotes amid rising raw material costs.
Mills hiked quotes $10-15/tonne on Friday to $695-710/t fob Turkey for angles, $705-720/t for IPN-UPN sections, $715-730/t for flat bars, and $705-720/t for IPE sections.
Although merchant bar producers have seen an increase in the number of inquiries, buyers did not rush to buy until Thursday. Since Thursday, however, f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous