09
Nov
16:17
Turkish rebar buyers re-emerge, Singapore deal rumoured
Turkish mills are receiving rebar inquiries from their global customers. Although offer prices remain unchanged at $465-470/tonne fob Turkey actual weight since last Thursday, buyers consider these levels to be high.
Buyers have come back to the market this week following the clear outcome of the US presidential election.
There were rumours on Monday of a 50,000-tonne rebar sale to Singapore, though Kallanish could not confirm the seller or exact price by the tim…
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Anonymous
Very good overview of the weekly steel market.
Anonymous