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24 Jan
14:15

Turkish merchant bar producers decrease export prices

After lowering their export prices slightly last week, Turkish merchant bar producers have further decreased prices this week. Besides the unsatisfactory level of demand, this move has been forced by cheaper scrap and billet. After decreasing export prices by $10-15/tonne, Turkish re-rollers’ current offer prices stand mostly at $485-495/t for angles, $495-505/t for IPN-UPN sections, $505-515/t for flat bars and $495-505/t for IPE sections. These are all on …
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