20
Sep
13:54
Turkish producers’ wire rod offers decrease further
Following the further decreases seen in scrap prices last week, Turkish steel mills reduced their wire rod offers once again in order to get some market share from limited global demand.
Most Turkish steel producers’ wire rod quotes stand at $440-445/tonne fob, although some are still trying to keep last week’s levels of $450-460/t fob. However, deals in small tonnages are mostly being concluded at $440/t fob, and producers may accept lower leve…
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Anonymous
Very good overview of the weekly steel market.
Anonymous