06
Nov
13:25
Turkish producers further raise merchant bar quotes
Turkish merchant bar producers have further increased their merchant bar quotes amid longer lead times and higher raw material costs.
Turkish merchant bar producers had a strong start to last week. Demand, however, slowed towards the end of the week. Buyers found prices too high following their hike.
Current quotes out of Turkey stand mostly at $505-515/tonne fob Turkey for angles, $515-525/t for IPN-UPN sections, $525-535/t for flat bars, and $515-525/t for IPE …
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Anonymous
Very good overview of the weekly steel market.
Anonymous