09
Oct
15:39
Buyers shun lower Turkish rod export quotes
Global demand for Turkish wire rod has slowed as buyers expect further decreases in wire rod prices.
Although there has been some softening in prices, Turkish wire rod producers are seen to be insisting strongly on their offer prices as they are utilised for longer. Some producers have even stopped quoting. Thanks to previous bookings that have extended their lead times, they do not need to rush to sell before gauging actual demand in China, which will become afte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous