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Turkish merchant bar producers have further decreased their export quotes due to weak demand. Market participants, however, are seen expecting demand to recover soon. On Friday, Turkish merchant bar producers’ export quotes were mostly pegged at around $800-810/tonne fob Turkey for angles, $810-820/t for IPN-UPN sections, $830-840/t for flat bars, and $810-820/t for IPE sections. Lower prices were also available, however, from some producers selling more agg…
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