16
Apr
16:35
Turkish rebar outperforms wire rod
While Turkish mills are enjoying strong rebar demand in the global market, specifically from Asia and Latin America, wire rod demand remains quite weak, Kallanish notes.
Two-fresh high-volume rebar sales were heard on Friday, to Peru and Brazil. Prices are heard standing at $650/tonne fob Turkey actual weight, including extras.
Turkish mills are not reflecting lower scrap costs in their rebar pricing as they are now utilised for longer, but they have decreased wi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous