19
Oct
15:39
Turkish mills focus on rebar sales, shun scrap
Turkey’s domestic rebar market has lost its strength this week. Mills are nevertheless seen keeping their offer prices unchanged from Monday at $740-750/tonne ex-works.
Stockists, who showed strong demand last week, have lost appetite for buying and focused on selling this week. End-user demand, however, recovered on Tuesday as these buyers find a cut in interest rates very likely and are trying to secure material before Turkey’s Central Bank’s …
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Anonymous
Very good overview of the weekly steel market.
Anonymous