02
Sep
15:45
Turkey concludes another large-tonnage Hong Kong rebar deal
Following last week’s rebar sales to Singapore and Hong Kong, a Turkish mill has sold another rebar cargo to Hong Kong this week.
Kallanish hears from market sources that 52,000 tonnes of rebars have been sold to Hong Kong at $443/tonne fob Turkey actual weight, though the seller is yet to confirm the exact price.
Scrap prices, meanwhile, increased further on Wednesday, following fresh deals concluded this week as well as the rebar sales to Asia (see separa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous