26
Mar
15:08
Turkish merchant bar quotes rebound after fall
Despite trying to maintain quotes, Turkish merchant bar producers are seen to have decreased their prices last week. This was the result of weak demand in the global market, decline in raw material prices and high freight rates. On Friday, however, with the rebound seen in scrap prices, Turkish merchant bar producers slightly increased their prices again.
On Friday, Turkish producers’ quotes stood mostly at $665-680/tonne fob Turkey for angles, $675-690/t fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous