22
Apr
14:19
Turkey concludes US rebar sales, negotiations continue
Low demand in export markets is seeing Turkish rebar exporters struggle to maintain prices as bids are coming in at very low levels.
Despite the low demand, one Turkish mill secured a 20,000-tonne rebar sale to the US at the end of last week. With negotiations over further sales continuing this week, Turkey is heard to have offered rebar at $550/tonne cfr US East Coast, including duties. Last week’s deal was concluded at this price, a Turkish producer tells …
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Anonymous
Very good overview of the weekly steel market.
Anonymous