22
Jul
15:08
Waning sentiment pressures Turkish merchant bar quotes
Up against weak demand and increasing pressure from buyers, Turkish merchant bar producers have been forced to decrease their prices.
Although they opened angle sales at around $750/tonne fob Turkey following their return from the Eid holiday at the beginning of last week, poor demand forced them to decrease their prices.
On Friday, producers’ export quotes were mostly pegged at around $720-730/t fob Turkey for angles, $730-740/t for IPN-UPN sections, $750-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous