07
Jul
15:36
Turkish merchant bar producers struggle to conclude deals
Turkish merchant bar producers are seen struggling to sell in the global arena as buyers decrease their price targets each day.
On Friday, producers’ export quotes were pegged mostly at around $640-670/tonne fob Turkey for angles, $650-680/t for IPN-UPN sections, $660-690/t for flat bars, and $650-680/t for IPE sections.
Although the number of inquiries was high during last week, Turkish mills struggled to convert these into sales. This was mostly due to de…
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Anonymous
Very good overview of the weekly steel market.
Anonymous