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04 Sep
15:15

Turkish rod export offers continue increasing

Due to the further rise seen in scrap prices, Turkish wire rod producers have again increased their export offers, supported by strong demand. Wire rod export prices currently stand mostly at $510-515/tonne fob Turkey, up from $490-500/t fob a week ago. Wire rod demand, which is outperforming rebar, remains strong in both the domestic and export markets. A Turkish rod producer tells Kallanish: “Wire rod demand remains strong. We are fully booked until Dec…
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