29
May
15:18
Chinese demand surprises Turkish rod exporters
Turkish wire rod producers were pleasantly surprised by good demand from China last week following a period of struggle with subdued export sales.
A Turkish wire rod producer tells Kallanish: “Demand in export markets is way below sufficient levels. While the situation remains so, Chinese rod demand is welcome.”
“However, the realisation of these sales is at low probability. Chinese buyers’ price expectations are quite low, at levels we ca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous