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20 Aug
15:37

Turkish merchant bar quotes fall on weak demand

Turkish merchant bar producers faced weaker demand this week and have been forced to decrease their export quotes. On Friday, Turkish producers’ export offers stood mostly at $720-740/tonne fob Turkey for angles, $730-750/t for IPN-UPN sections, $740-760/t for flat bars, and $730-750/t for IPE sections. H However, there are also offers at lower levels, with quotes seen varying depending on producers’ production cost, capacity utilisation level and fre…
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