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24 Sep
15:35

Turkish rebar exports soften further amid weak demand

Turkish rebar producers are struggling to sell in both the domestic and export markets due to the absence of buyers. Buyers are expecting prices to decrease further and have adopted a cautious stance due to the weakness of the Chinese market and growing coronavirus infection rates. They are therefore limiting their inquiries to urgent needs only. Turkish rebar export offers, which stood at $455-465/tonne fob a week ago, currently appear at $450-460/t fob Turkey ac…
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