07
Oct
15:06
Turkish merchant bar hikes despite lacklustre demand
Turkish merchant bar producers increased their export quotes last week despite unsatisfactory demand. The increase in price was mostly the result of costlier production amid higher scrap and energy prices.
On Friday, most producers’ official export quotes were pegged at $720-730/tonne fob Turkey for angles, $730-740/t for IPN-UPN sections, $750-760/t for flat bars, and $730-740/t for IPE sections, up $15/t on-week. However, lower prices were also available f…
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Anonymous
Very good overview of the weekly steel market.
Anonymous