16
Sep
15:08
Turkish merchant bar quotes soften on bearish sentiment
Turkish merchant bar producers were forced to decrease their quotes last week amid the bearish sentiment in the market.
Although Turkish merchant bar producers are trying to keep their offers for angles at above $700/tonne fob Turkey, buyers do not find these prices acceptable and are pushing for more discounts.
On Friday, producers’ export quotes were mostly pegged at $700-720/t fob Turkey for angles, $710-730/t for IPN-UPN sections, $730-750/t for flat ba…
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Anonymous
Very good overview of the weekly steel market.
Anonymous