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20 Sep
14:25

Turkish merchant bar producers struggle to maintain offers

Turkish merchant bar producers are trying to maintain offers at last week’s levels amid tightened margins. However, competition between producers in a limited demand environment is forcing them to lower their prices. Most Turkish producers’ offer levels still stand at $460-470/tonne for angles, $465-475/t for IPN-UPN sections, $470-485/t for flat bars and $470-480/t for IPE sections, all on an fob Turkey basis. However, some producers with favourable…
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