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02 Sep
15:12

Turkish merchant bar quotes rise amid costlier production

Turkish merchant bar producers increased their quotes sharply following the 50% and 50.8% rises respectively in electricity and natural gas prices on Thursday. They had previously kept their prices almost unchanged and even offered larger discounts compared to the previous week. On Friday, producers’ export quotes were mostly pegged at $700-730/tonne fob Turkey for angles, $710-740/t for IPN-UPN sections, $730-760/t for flat bars, and $710-740/t for IPE sect…
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