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21 May
15:52

Turkish merchant bar quotes continue to rise

Turkish merchant bar producers further increased their prices last week. Although demand in Latin America and North Africa has slowed, Turkish mills are seen enjoying European demand which has support from the stronger euro. On Friday, Turkish producers’ export offers stood mostly at $800-840/tonne fob Turkey for angles, $810-850/t for IPN-UPN sections, $820-860/t for flat bars, and $810-850/t for IPE sections. Offers are seen varying upon re-roller’s…
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