03
Sep
15:58
Turkish rod export quotes fall further
Turkish wire rod producers are seen facing weak demand in the global market, though sentiment is more favourable compared to the rebar market. Turkish rod mills’ utilisation levels are higher compared to rebar mills, some of whose lead times have shortened to only a couple of weeks.
Turkish mills have further decreased their wire rod export offers for mesh quality, to $775-785/tonne fob Turkey. The spread between rebar and wire rod offers, meanwhile, remains…
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Anonymous
Very good overview of the weekly steel market.
Anonymous