19
Sep
14:39
Turkish rebar producers focus on Asian demand
Turkish mills are focusing on export demand, which is highest in Asia, as Turkey’s local rebar demand continues to be sluggish amid the ongoing economic crisis.
Competition between Turkish, Middle Eastern and Indian producers is tough in the Asian market. Nevertheless, Turkish mills were heard to have sold new tonnages to Singapore at $430/tonne cfr theoretical weight this week. A Qatari steelmaker’s sales to the Asian market already exceeded 100,000…
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Anonymous
Very good overview of the weekly steel market.
Anonymous