29
Apr
15:30
Turkish merchant bar falls further amid negative sentiment
Turkish merchant bar producers have decreased their export quotes further due to weak demand and falling raw material prices.
On Friday, Turkish merchant bar producers’ export quotes were mostly pegged at around $890-900/tonne fob Turkey for angles, $900-910/t for IPN-UPN sections, $920-930/t for flat bars, and $900-910/t for IPE sections.
Demand remained subdued throughout the week due to the continuing decrease in raw material prices, however. Amid beari…
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Anonymous
Very good overview of the weekly steel market.
Anonymous