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13 Mar
12:00

Turkish rod export prices remain stable

Turkish mills have kept wire rod export prices unchanged from last week, despite stagnant demand in main export markets. Mesh-quality wire rod prices stand mostly at $455-460/tonne fob Turkey. Although offers at higher prices are also available in the market, they are not likely to find acceptance from buyers as demand is limited. A Turkish rod producer tells Kallanish: “Demand is stagnant. We had some demand in the local market supported by the depreciatio…
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