20
Aug
15:43
Turkish rebar export prices decrease amid poor demand
Turkish producers have decreased rebar quotes this week, as they have been unable to sell in the global market at increased prices of $450-455/tonne fob Turkey.
Although some producers have not officially decreased offers, they are seen to be ready to accept lower bids at below $440/t fob. Most producers are offering rebar at $440-445/t fob Turkey actual weight, down from $445-450/t fob last week.
Although there was a rumour going around of a Hong Kong sale, it h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous