28
Jan
15:14
Turkish rebar prices continue to slide
Turkish rebar producers are facing weak demand in both domestic and export markets. Stagnant demand and lower scrap prices are seen increasing pressure on rebar prices. As a result, Turkish mills have been forced to further decrease their quotes.
Rebar quotes stood mostly at $615-620/tonne fob actual weight on Thursday. However, mills are not refusing bids, limited in number, at and below $610/t fob. Only some small-tonnage rebar sales have been heard so far this …
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Anonymous
Very good overview of the weekly steel market.
Anonymous