18
Apr
05:22
Turkish rebar dents Asian import markets
Low-priced Turkish rebar exports have cooled down prices in Southeast Asia in the past week, Kallanish notes. Three cargoes for June shipment sold at prices below Chinese export price levels.
A 50,000-tonne cargo of Turkish rebar concluded on Tuesday at $480/tonne fob actual weight to Hong Kong. The booking price is equivalent to $510-515/t cfr Hong Kong. A Hong Kong trader believes the Turkish mills sold at under Chinese prices because of th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous