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23 Dec
15:22

Turkish rebar producers’ export struggles persist

Turkish mills are yet to see a remarkable recovery in rebar export demand. Although demand has slightly improved in some destinations, sales volumes remain small. Turkish mills’ official quotes are mostly at $685-690/tonne fob Turkey actual weight, down from $700-710/t fob last week. A few mills, however, are seen offering at above $700/t fob. Most market participants do not find a price above $690/t fob workable in the global arena amid lower offers from…
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