Turkish merchant bar export offers increase

Wednesday, 31 May 2006 13:51:40 (GMT+3)   |  
SteelOrbis has heard that Turkish mills are offering equal angles for export at around $550/mt FOB St on actual weight basis via sight L/C for end July/early August shipments, while export offers for flat bars are at around $560/mt FOB St on actual weight basis via sight L/C for end July/early August shipments. Last week, bookings were concluded at 530-535$/mt FOB to Spain and the UK. However, new offers increased due to the strong domestic market. Customers are not interested with the offers at these levels.

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