29
Jul
15:46
Turkish mills hold rebar quotes on bullish expectations
Most Turkish mills are trying to keep their official rebar export quotes unchanged despite the decrease in scrap prices. This is because they are expecting demand to recover in August following Russia’s export tax implementation.
Turkish mills’ rebar export quotes stand mostly at $730-740/tonne fob Turkey actual weight. However, higher levels at $750/t fob are also available from some producers that are longer utilised and have a more bullish sentiment…
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Anonymous
Very good overview of the weekly steel market.
Anonymous