06
Apr
15:37
Turkish rebar suffers from weak demand, currency issues
Turkish rebar producers are yet to see a recovery in export demand despite lower prices this week. On the other hand, currency issues are prevailing in the domestic market, Kallanish notes.
On Thursday, official export offers for rebar stood mostly at $700-710/tonne fob Turkey actual weight, down from $710-720/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $710-725/t fob.
However, amid lacklustre demand and dollar availability issues …
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Anonymous
Very good overview of the weekly steel market.
Anonymous