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04 Jun
15:16

Turkish merchant bar quotes resist lower demand

Turkish merchant bar producers are struggling to keep their prices unchanged due to high pressure coming from buyers. Despite this pressure and lower raw material costs, however, Turkish producers have not decreased their quotes as they are well utilised. On Friday, Turkish producers’ export offers stood mostly at $770-800/tonne fob Turkey for angles, $780-810/t for IPN-UPN sections, $790-820/t for flat bars, and $780-810/t for IPE sections, unchanged on-wee…
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