27
Sep
14:46
Turkish merchant bar prices decline as buyers wait
Buyers in Turkey’s merchant bar export markets were very quiet and delaying their purchases last week. Consequently, Turkish merchant bar producers had to decrease their offer prices further, despite the fact they had difficulties in sourcing billet at desired prices.
Turkish producers’ offer levels stand at $445-460/tonne for angles, $450-465/t for IPN-UPN sections, $455-475/t for flat bars and $455-470/t for IPE sections, all on an fob Turkey …
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Anonymous
Very good overview of the weekly steel market.
Anonymous