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19 Jan

Turkish merchant bar quotes remain mostly stable

Turkish merchant bar producers kept their export offers mostly stable last week, Kallanish notes. On Friday, producers’ official export quotes were pegged mostly at around $655-670/tonne fob Turkey for angles, IPN-UPN sections, flat bars and IPE sections, unchanged from a week earlier. Demand in the EU recorded an improvement last week and ranked the strongest among all regions. However, it has not yet reached Turkish producers’ expected levels. Never…
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