01
Jul
14:24
Turkish merchant bar slides despite costlier raw materials
Despite the sharp rise in raw material and semi-finished steel prices, Turkish merchant bar producers are seen struggling to prevent their prices from dropping amid subdued demand. Some producers are offering lower prices on-week, Kallanish observes.
On Friday, producers’ export quotes were mostly pegged at around $690-700/tonne fob Turkey for angles, $700-710/t for IPN-UPN sections, $720-730/t for flat bars, and $700-710/t for IPE sections. Lower prices we…
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Anonymous
Very good overview of the weekly steel market.
Anonymous