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20 Apr
14:08

Turkish rebar prices remain pressured amid insufficient demand

Turkish rebar prices continued to remain under pressure throughout the week as demand is yet to recover in either the export or domestic markets. Turkish mills’ official offer prices stood mostly at $670-685/tonne fob Turkey actual weight on Thursday before the Eid holiday, down from $680-695/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $695-705/t fob. Demand remains weak as the limited number of active buyers believe Turkish mills…
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