12
Dec
12:48
Turkish mills further increase rebar quotes
Turkish mills have further increased their rebar quotes in both the domestic and export markets as a result of higher scrap prices. With scrap prices continuing to increase with fresh bookings, Turkish mills are unable to keep rebar quotes stable.
Turkish mills’ rebar offer prices, which stood at $435-440/tonne fob Turkey last week, are seen to have risen to $450-455/t fob actual weight this week. However, current quotes reduce the competitiveness of Turki…
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Anonymous
Very good overview of the weekly steel market.
Anonymous