29
Nov
14:31
Turkish merchant bar producers continue to suffer
Turkish merchant bar producers kept their export prices unchanged last week due to the low levels of demand.
Turkish re-rollers’ current offer prices stand mostly at $470-480/tonne for angles, $475-485/t for IPN-UPN sections, $480-490/t for flat bars and $475-485/t for IPE sections. These are all on a fob Turkey basis.
On the other hand, $445-450/t fob is also available from one Turkish producer that has a more favourable production cost.
A Turkish m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous