24
Apr
15:15
Turkish rod exporters grapple with low bids
Turkish wire rod producers are facing weak demand and increasing price pressure in export destinations.
Mesh-quality wire rod export prices, which stood at $430-440/tonne fob a week ago, are seen to have decreased to $425-440/t fob Turkey.
Although Turkish wire rod producers continue receiving inquiries from the EU, European customers’ bids are lower than offers. However, as demand is lacking, Turkish wire rod producers are ready for negotiations if they ca…
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Anonymous
Very good overview of the weekly steel market.
Anonymous