17
Aug
15:02
Turkish long steel quotes rise amid costlier scrap
Turkish mills have further increased their rebar and wire quotes this week due to the ongoing rises in scrap prices.
Turkish mills’ official rebar offers stood mostly at around $570-580/tonne fob Turkey actual weight on Thursday, while offers for mesh-quality wire rod were at $580-590/t fob, notes Kallanish.
Although there was a slight revival in export and domestic rebar demand last week right after the increases in scrap prices started, demand has slowed …
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Anonymous
Very good overview of the weekly steel market.
Anonymous