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15 Dec
14:52

Turkish rebar quotes slide amid weak demand

Turkish rebar mills are being forced to decrease their offer prices despite scrap prices remaining firm. On Thursday, mills’ rebar export offers were at $660-680/tonne fob Turkey actual weight, down from $670-690/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $675-690/t fob. With the high end of the range, $680/t, found high by buyers, some producers are seen offering discounts even over the low end of the range in order to get a sha…
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