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28 Feb
15:54

Turkish rod exporters face low demand

Demand for Turkish wire rod in export markets dropped last week, but rod producers kept their offer unchanged. Producers refused to decrease export prices despite the low level of demand, as they received some respite from previous export and domestic sales. Mesh-quality wire rod prices, which stood at $460-470/tonne fob Turkey the previous week, have remained unchanged. However, offers of $485/t fob are also available from some producers who are booked for longe…
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