13
Apr
13:34
Turkish rebar prices fail to recover
Turkish rebar prices are seen sliding further due to weak demand in both export and domestic markets.
On Thursday, official export offers for rebar stood mostly at $685-695/tonne fob Turkey actual weight, down from $700-710/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $690-710/t fob.
However, almost all Turkish mills seem ready to negotiate over these offer prices on firm bids, as sales volumes remain too low and order books are quite em…
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Anonymous
Very good overview of the weekly steel market.
Anonymous