16
Jul
15:59
Turkish mills increase rebar prices
Turkish mills have increased rebar quotes in the global market this week. This is mostly the result of costlier scrap and stronger domestic rebar demand.
Although Turkish mills have not seen a significant demand increase in export destinations, they have increased their offer prices sharply. Rebar offers, which stood at $405-410/tonne fob last week, have increased to $415-425/t fob Turkey actual weight this week, despite the slower increase in scrap prices. HMS 1&…
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Anonymous
Very good overview of the weekly steel market.
Anonymous