11
Jul
14:57
Turkish long steel exporters struggle to hold prices
Despite firm scrap prices, Turkish long steel producers are seen struggling to hold their values amid stagnant demand and tough competition in the global arena.
Mills’ official rebar quotes on Thursday were mostly at $580-590/tonne fob Turkey actual weight, and at $590-600/t fob for mesh-quality wire rod, unchanged from last week.
However, some producers are heard offering competitive offers at below $580/t fob for rebar, especially in some destinations whe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous