27
Nov
14:29
Turkish bar quotes increase amid costlier raw materials
Turkish merchant bar producers have further increased their export offer prices this week. This was mostly the result of higher billet prices this week following Kardemir’s strong billet sales.
Last week, quotes out of Turkey stood mostly at $575-585/tonne fob Turkey for angles, $585-595/t for IPN-UPN sections, $595-605/t for flat bars, and $585-595/t for IPE sections. However, with the acceleration seen in demand on 27 November, some producers have increas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous