18
Jul
14:22
Turkish longs producers refuse discounts amid firm scrap
Despite insufficient demand in both domestic and export markets, Turkish long steel producers are seen trying to hold prices and resist discounts after they failed to decrease scrap prices to desired levels.
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.
Demand is yet to rebound and is limited to certain markets. However, Turkish mil…
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Anonymous
Very good overview of the weekly steel market.
Anonymous