04
Oct
16:11
Competition toughens among Turkish merchant bar exporters
Although rebar and wire rod prices are observed to have stabilised, tough competition between Turkish merchant bar exporters means that prices for these products remain volatile.
“Since demand is still slack and all producers want to increase their shares in export markets, the competition became nonsense. I think our customers have not decided where the market price should stand at. So, demand is still at low levels, bids are worse. Some customers bid bel…
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Anonymous
Very good overview of the weekly steel market.
Anonymous