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24 May

Turkish merchant bar quotes remain mostly stable

Turkish merchant bar producers kept their export quotes mostly unchanged last week from the previous week, although they faced buyer resistance. On Friday, producers’ official export quotes were pegged mostly at around $610-635/tonne fob Turkey for angles, IPN-UPN sections, flat bars and IPE sections, unchanged from a week earlier, notes Kallanish. However, with the support of lower billet values, prices at around $600/t ex-works were also available from th…
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