23
Dec
13:45
Turkish merchant bar producers turn bullish, demand subdued
Turkish merchant bar producers are facing weak global demand amid winter holidays. However, most seem to be bullish about post-holiday demand and price recovery.
On Friday, most producers’ export quotes were pegged at $700-710/tonne fob Turkey for angles, $710-720/t for IPN-UPN sections, $730-740/t for flat bars, and $710-720/t for IPE sections. However, lower and higher prices are also available from some producers, depending on their production costs and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous