11
Oct
14:21
Low demand increases Turkish rod export price pressure
Turkish wire rod producers are having difficulties in maintaining their price levels amid low demand and tough competition, Kallanish observes.
Despite the increases seen in scrap prices last week, only a few producers who are fully booked due to low capacity utilization rates have been able to increase quotes by $5/tonne, with others remaining unchanged.
Turkish wire rod offers stand mostly at $430-440/t fob for mesh quality, but lower and hig…
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Anonymous
Very good overview of the weekly steel market.
Anonymous