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07 Nov
14:56

Turkish rebar export offers remain steady, demand declines

Following last week’s increase, Turkish mills are observed to have kept rebar export offers stable this week. While there are still some producers offering rebar at the low and high extremes of $415/tonne and $430/t fob respectively, most offers are seen this week at $420-425/t fob actual weight. Scrap seems to have stabilised in Turkey, with prices in the latest scrap bookings staying at $259-260/t cfr, unchanged on-week. Global demand for rebar is sai…
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