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22 Oct
14:49

Turkish rebar export offers stable, domestic quotes rise

Turkish mills have kept their export quotes unchanged this week despite the further increase seen in scrap prices. This is mostly due to the slowdown seen in rebar export demand. Turkish mills’ current rebar export offers stand mostly at $450/tonne fob Turkey actual weight. However, a few mills that are booked for longer are seen to be offering at $455/t fob. Following last week’s large-volume rebar sales to Hong Kong, the US, the EU, Singapore and La…
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