21
Feb
15:03
Domestic demand lifts Turkish rod export offers
Turkish wire rod producers increased their export prices again last week, despite export demand remaining unsatisfactory. The hike was the result of higher scrap prices and active domestic demand.
Mesh-quality wire rod prices, which stood at $445-455/tonne fob the previous week, have increased to $460-470/t fob. However, offers of $485/t fob are also available from some producers who are booked for longer.
Domestic wire rod activity was strong last week, but the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous