25
Nov
14:27
Turkish merchant bar quotes increase despite sluggish demand
Most Turkish merchant bar producers have increased their official offer prices due to the rises seen in raw material costs. However, sluggish demand is making them offer large discounts in order to get a share from the limited demand available.
On Friday, most producers’ official export quotes were pegged at $670-690/tonne fob Turkey for angles, $680-700/t for IPN-UPN sections, $700-720/t for flat bars, and $680-700/t for IPE sections. However, lower prices …
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Anonymous
Very good overview of the weekly steel market.
Anonymous