04
Feb
15:21
Turkish rebar export buyers retreat from market
Turkish rebar producers continue to face low demand in both domestic and export markets. As a result, prices of rebar have further softened compared to last week.
Rebar export quotes stood mostly at $590-600/tonne fob Turkey actual weight on Thursday, down from $610-620/t fob last week.
A Turkish rebar producer tells Kallanish: “I cannot say demand is just low; demand has stopped completely due to the price downtrend. Buyers are halting their purchases to b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous