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27 Oct
15:25

Turkish merchant bar producers bemoan weakened demand

Turkish merchant bar producers, who saw relatively more buoyant export demand in the week through 20 October, are complaining after demand weakened again last week. Weakened demand caused Turkish producers to further decrease their prices despite raw material prices remaining firm. On Friday, producers’ official export quotes were pegged mostly at around $585-615/tonne fob Turkey for angles, $595-625/t for IPN-UPN sections, $605-635/t for flat bars, and $59…
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