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09 Dec
15:23

Turkish rebar mills struggle amid export competition

Turkish mills are continuing to suffer from weak sales in both domestic and export markets. While lower offers from the Middle East and India are preventing Turkish mills from competing in the global market, economic instability is simultaneously preventing the domestic market from recovering. Turkish mills’ official quotes are mostly at $710-720/tonne fob Turkey actual weight, down from $720-730/t fob last week. Mills, which have not yet updated their pric…
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