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23 Sep
16:19

Turkish merchant bar quotes diverge between mills

Export offers from Turkish merchant bar suppliers are seen following opposing trends. While some producers have increased their export quotes, the more aggressive suppliers are seen offering larger discounts. Consequently, the spread between producers is seen to have widened. On Friday, most producers’ official export quotes were pegged at $700-720/tonne fob Turkey for angles, $710-730/t for IPN-UPN sections, $730-750/t for flat bars, and $710-730/t for IPE …
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