20
May
15:52
Turkish merchant bar falls further, recovery seen near
Turkish merchant bar producers have further decreased their export quotes due to weak demand. Market participants, however, are seen expecting demand to recover soon.
On Friday, Turkish merchant bar producers’ export quotes were mostly pegged at around $800-810/tonne fob Turkey for angles, $810-820/t for IPN-UPN sections, $830-840/t for flat bars, and $810-820/t for IPE sections. Lower prices were also available, however, from some producers selling more agg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous