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27 Feb
14:31

Turkish rebar mills’ sales struggle after US deal

Demand in Turkey’s domestic rebar market has slowed this week, compounding the misery experienced by Turkish mills in weak export markets. Rebar export offers, which previously stood at $445-450/tonne fob Turkey actual weight, now appear mostly at $440-445/t fob actual weight. However, offers at $450/t fob are also available from some producers. Despite the low demand, Turkish mills have resisted decreasing their offers further. Given the respite they recei…
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