18
Mar
14:19
Global rebar demand poor, buyers await Turkey’s scrap
Turkish rebar producers are facing poor demand in the global market as buyers wait to see the level of scrap prices.
Turkish mills’ rebar offers mostly stand at $635-645/tonne fob actual weight on Thursday. However, higher offer prices are also available from the producers that are booked for longer.
As Turkey has been holding scrap offers for a while and scrap prices are on a decreasing trend, rebar buyers are seen limiting their purchases with their urg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous