14
Aug
15:45
Turkish rod quotes increase further despite slowing demand
Turkish wire rod producers have further increased their export quotes, despite demand slowing last week following weeks of firm activity. The hike is because mills have longer lead times due to strong sales in previous weeks.
Turkish mills’ export quotes for mesh-quality wire rod, which stood at $480-490/tonne fob Turkey a week ago, have increased mostly to $490-495/t fob. However, offers at $500/t fob are also available from some producers which are fully b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous