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06 Dec
14:44

Turkish merchant bar prices increase

Turkish merchant bar producers increased their export offer prices last week due to high production costs. Unable to keep their prices stable amid costlier billet, Turkish mills increased their export prices despite the low levels of demand. Turkish re-rollers’ current offer prices stand mostly at $485-495/tonne for angles, $495-505/t for IPN-UPN sections, $505-515/t for flat bars and $495-505/t for IPE sections. These are all on a fob Turkey basis. How…
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