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13 Dec
13:06

Demand finally satisfies Turkish merchant bar producers

As a result of the continuous increase in billet prices, Turkish merchant bar producers further increased their offer prices last week. Angle prices, which stood at $485-495/tonne fob in the previous week, have risen to over $500/t fob Turkey. However, lower levels at $485/t fob are also available from some producers, especially those that have favourable production costs and a limited product range. Turkish re-rollers’ current offer prices stand mostly…
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