15
Oct
14:33
Turkish merchant bar producers suspend sales
Following steady price rises during the week, most Turkish merchant bar producers suspended sales on Friday. This is due to the ongoing rises in raw material prices and comes despite the recovery in demand.
The few producers that have not halted sales are seen offering at $765-780/tonne fob Turkey for angles, $775-790/t for IPN-UPN sections, $785-800/t for flat bars, and $775-790/t for IPE sections. However, mills that produce their own billet opened sales at $750…
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Anonymous
Very good overview of the weekly steel market.
Anonymous