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10 Apr
16:51

Costlier scrap increases Turkish rod export prices

Turkish wire rod exporters increased their prices last week due to the continued increase in scrap prices. Although Turkish rod producers have seen a significant increase in domestic demand, they are yet to see satisfactory demand in export markets. Mesh quality wire rod export offers which stood at $400-410/tonne fob during the previous week, increased to $430-440/t fob last week as a result of higher scrap prices. “We have seen a more satisfactory demand…
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