08
May
15:50
Weak export demand pressures Turkish merchant bar prices
Turkish merchant bar mills face weak demand in export markets and are struggling to maintain their offer prices.
Turkish merchant bar offer prices stand mostly at $435-445/tonne fob Turkey for angles, $445-455/t for IPN-UPN sections, $455-465/t for flat bars, and $445-455/t for IPE sections.
Although Turkish merchant bar producers are receiving inquiries from the EU, buyers there seem to be very cautious over booking high volumes due to Eurofer’s applicati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous