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17 Sep
14:47

Turkish rebar exports struggle despite fresh US sales

Turkish mills are facing relatively weak demand in the global rebar market while buyers are delaying their purchases in expectation of lower prices. Although Turkish rebar exporters have decreased their prices this week, the possibility of further declines is seen likely by buyers, Kallanish observes. Turkish rebar export offers, which stood at $465-470/tonne fob a week ago, currently appear at $455-465/t fob Turkey actual weight, depending on mills’ utilisa…
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