10
May
14:47
Turkish merchant bar struggles to stabilise amid competition
Turkish merchant bar producers kept their export quotes mostly unchanged from the previous week, although buyers are pushing for lower levels.
On Friday, producers’ official export quotes were pegged mostly at around $610-635/tonne fob Turkey for angles, IPN-UPN sections, flat bars and IPE sections, unchanged from last week, notes Kallanish.
Demand is yet to reach satisfactory levels, while buyers expect prices to decline amid bearish sentiment in the glob…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous