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19 Feb
14:25

Turkish merchant bar remains stable despite costlier billet

Due to demand slowing on-week, Turkish merchant bar producers kept their prices unchanged last week despite the increase in billet prices. On Friday, Turkish producers’ quotes stood at $660-680/tonne fob Turkey for angles, $670-690/t for IPN-UPN sections, $680-700/t for flat bars, and $670-690/t for IPE sections. Although they concluded sales to Latin America, Africa, the Middle East and EU, Turkish merchant bar producers failed to reach the sales volumes …
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