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30 Jul
14:50

Turkish merchant bar remains stable on stagnant demand

Most Turkish merchant bar producers have kept their export quotes stable, although a few have decreased them slightly. On Friday, Turkish producers’ export offers stood mostly at $750-770/tonne fob Turkey for angles, $760-780/t for IPN-UPN sections, $770-790/t for flat bars, and $760-780/t for IPE sections. However, there are also offers at lower levels of $740/t fob for angles, while quotes are seen varying depending on producers’ production cost and …
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