Turkey’s domestic market for merchant bars and sections stabilizes

摘要

Turkish longs and flats producers have reduced export prices on cheaper scrap and a downtrend in the segment of import semis. Buyers however insist on bigger discounts, saying that $5/t is not proportional to the rollback in scrap quotes. Turkish producers are not going to step back now. “We cannot lower prices for finished products at the same rate that feedstock is getting cheaper.