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01 Nov
17:28

Squeezed margins pressure Turkish merchant bar producers

While scrap and billet prices continue increasing in the Turkish market, Turkish merchant bar producers have failed to convince their customers to buy at higher prices. Although some merchant bar producers increased their prices last week, most kept their prices stable on-week. Current Turkish producers’ merchant bar offers stand mostly at $450-470/tonne for angles, $455-475/t for IPN-UPN sections, $460-485/t for flat bars and $460-480/t for IPE sections, …
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