03
Nov
15:05
Turkish mills enjoy rebar revival, await US election
Turkish steel producers have further increased export quotes this week, buoyed by a significant rebound in global rebar demand.
Turkish mills are seen concluding sales to Latin America and the Middle East. Although no fresh scrap purchases at higher levels have been heard this week, mills have increased rebar quotes mostly to $460-465/tonne fob Turkey actual weight. This is up from $455-460/t fob last week due to livelier rebar demand. There are offers even at $47…
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Anonymous
Very good overview of the weekly steel market.
Anonymous