25
Nov
14:56
Turkey’s rebar exports fail to recover
Turkish rebar exports are yet to recover. Although offers have softened, a significant fall is unlikely due to high production costs, Kallanish notes.
Turkish mills’ export quotes stand mostly at $730-740/tonne fob Turkey actual weight. Although some better-utilised producers are quoting higher, their prices are not finding acceptance in the global market.
Besides the lack of demand, high freight rates are also challenging Turkish producers in the global ma…
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Anonymous
Very good overview of the weekly steel market.
Anonymous