25
Mar
15:08
Turkish rebar, scrap prices fall, activity lacklustre
Turkish rebar producers are facing weak demand in both global and domestic markets. As a result, rebar quotes out of Turkey have further decreased this week.
Turkish mills’ rebar offers stood mostly at $620-630/tonne fob actual weight on Thursday.
Global demand, however, is yet to improve as most buyers are waiting to see where scrap prices land. Latin American buyers have concluded Turkish rebar bookings this week. On Thursday, there were still ongoing neg…
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Anonymous
Very good overview of the weekly steel market.
Anonymous