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25 Mar
14:10

Weak demand raises pressure on Turkish merchant bar

Turkish merchant bar producers are seen continuing to face weak demand in the export markets. While some producers are trying to keep their export offers unchanged, some have decreased their quotes by $20/tonne from last week as a result of weak demand’s increasing pressure. On Friday, Turkish merchant bar producers’ export quotes were mostly at $1,000-1,040/t fob Turkey for angles, $1,010-1,050/t for IPN-UPN sections, $1,020-1,060/t for flat bar…
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