13
Sep
12:44
Turkish merchant bar producers face contract cancellation threats
Turkish merchant bar producers are facing threats from customers to cancel contracts. Buyers purchased at higher price levels in previous weeks, while merchant bar prices in both Turkey’s local and export markets continue to fall.
Merchant bar producers were forced to make another downward correction on their offers last week. Their offers for angles, which stood at $480-490/tonne fob levels a week earlier, were observed to be falling again, following the …
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