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28 Nov
13:02

Prices, costs squeeze Turkish rebar producers

Turkish rebar producers are again facing lower rebar demand in export markets following a brief recovery in previous weeks. Most buyers have returned to a wait-and-see stance after concluding some purchases earlier this month. As a result, most Turkish mills have kept their rebar offer prices unchanged since last week. After selling increased tonnages of rebar in the $415-425/tonne fob price range in previous weeks, Turkish mills hiked price offers last week to …
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