15
Apr
15:16
Turkish rebar mills' margins widen despite slowing demand
Turkish rebar producers have mostly kept their prices unchanged despite a slowdown in global demand and lower scrap values. This is due to longer lead times thanks to recent Asian and Latin American sales.
Three more rebar cargoes were sold by three different mills last week at a reported $640-645/tonne fob Turkey actual weight.
“However, it would not be correct to determine the exact fob price,” says a trader. “Most mills are delaying freight a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous