26
Mar
13:34
Evaporating demand further reduces Turkish rebar export prices
Turkish mills have faced very weak demand in both domestic and export markets this week. Although they are trying to continue rebar sales to Asia, they have so far been unsuccessful this week. Nevertheless, mills are in the Asian market with rebar offers at $430/tonne cfr Singapore theoretical weight.
As a result of low global rebar demand and decreasing scrap prices, Turkish rebar producers have decreased rebar quotes. Offers, which stood at $420/t fob a week ago…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous