28
May
14:55
Turkish merchant bar falls amid lower demand, costs
Turkish merchant bar producers have revised their prices downwards due to the decreases seen in raw material prices and slower demand.
On Friday, Turkish producers’ export offers stood mostly at $770-800/tonne fob Turkey for angles, $780-810/t for IPN-UPN sections, $790-820/t for flat bars, and $780-810/t for IPE sections. However, lower offers at $750-760/t fob were also available from some producers. Quotes are seen varying depending on producers’ pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous