27
May
15:35
Turkish rebar quotes slide amid softer demand, scrap
Turkish mills have slightly decreased their rebar quotes in both domestic and export markets this week due to weaker demand. Scrap prices are under pressure due to growth in supply. While Turkish mills are not interested in buying imported scrap, there are numerous offers from all regions in the market.
Turkish mills’ rebar offers are seen varying depending on their utilisation levels. Although there are still offers at $800/tonne fob Turkey from some higher…
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Anonymous
Very good overview of the weekly steel market.
Anonymous