04
Dec
15:46
Costlier scrap, longer lead times lift Turkish rod
Turkish wire rod producers have further increased their export quotes, due to costlier scrap and strong demand.
Demand, especially in the Turkish domestic market, continues to be strong. Coupled with global demand, mostly from Africa, Turkish wire rod producers are seen enjoying longer lead times.
Turkish rod producers’ export offers stood mostly at $610-630/tonne fob Turkey on 4 December. While some producers are heard to have completed March sales, most a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous