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30 Apr
14:55

Turkish merchant bar demand balloons, producers suspend sales

Turkish merchant bar producers have seen a significant increase in export demand after the announcement of China’s export tax rebate adjustment last Wednesday. Although merchant bars were not included in the zero-tax rebate category, some Chinese sellers are heard to have cancelled their shipments following the announcement. Those Asian buyers affected have redirected their purchases to Turkey. As a result, there has been a remarkable increase in inquiries f…
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