13
Jul
16:06
Turkish rebar prices continue decline on negative sentiment
Turkish long steel producers have further reduced their quotes in both domestic and export markets amid weak sentiment, cheaper billet and stagnant demand.
Turkish mills’ official offer prices stood mostly at around $585-590/tonne fob Turkey actual weight on Thursday, down from $600-610/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $595-605/t fob.
However, $575-580/t fob seemed easily obtainable from Turkish mills on firm bids, as d…
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Anonymous
Very good overview of the weekly steel market.
Anonymous