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03 Jul
13:54

Turkish rod exporters lower prices amid slow demand

Turkish wire rod exporters mostly faced slow demand last week which caused them to further lower their offer prices. Although Turkish rod producers are receiving inquiries from Africa and South America, the volumes are unsatisfactory. EU demand has decreased significantly following the start of the new quota term. Due to their uncompetitive offers, Turkish wire rod exporters are unable to take a share from demand in Asia, which is better than rebar demand in the r…
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