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20 Jan
11:34

Turkish merchant bar quotes slide amid subdued demand

Turkish merchant bar producers are seen struggling to sell in export markets. Although some mills are trying to maintain their prices flat on-week, most have revised quotes down. The decrease in billet prices is helping Turkish producers to lower their prices in a lacklustre demand environment. On Friday, most producers’ export quotes were pegged at $730-740/tonne fob Turkey for angles, $740-750/t for IPN-UPN sections, $750-760/t for flat bars, and $740-750/…
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