26
Aug
13:41
Turkish merchant bar producers struggle to hold prices
Despite firm raw material prices, Turkish merchant bar producers are seen struggling to hold their prices stable amid tough competition and limited demand.
On Friday, producers’ export quotes were mostly pegged at around $680-700/tonne fob Turkey for angles, $690-710/t for IPN-UPN sections, $710-730/t for flat bars, and $690-710/t for IPE sections, unchanged from last week. However, the higher end of these price ranges was not found acceptable by buyers. Mos…
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Anonymous
Very good overview of the weekly steel market.
Anonymous