26
Nov
14:57
Global buyers resist higher Turkish rebar quotes
Following the price rises early in the week, Turkish rebar producers have further increased their export quotes after Wednesday as a result of higher billet prices.
Following Kardemir’s 150,000 tonnes of billet sales in its domestic market at $495/t ex-works on Wednesday, Turkish producers have increased billet prices to $510/t on Wednesday from $490/t a day earlier. The sharp rise in billet prices have caused rebar producers to further increase their quote…
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Anonymous
Very good overview of the weekly steel market.
Anonymous