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11 Feb
15:06

Turkish rebar quotes rise amid stronger scrap, demand

Turkish rebar producers have increased their offer prices in both the domestic and export markets this week due to the rises seen in scrap prices and recovery in rebar demand. Global rebar buyers, who have been delaying their purchases for a while, are now convinced the scrap price decline is over and have started inquiring about rebar. Rebar export quotes, which stood at $590-600/tonne fob Turkey a week ago, currently appear at above $600/t fob actual weight. Mi…
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