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28 Aug
15:59

Turkish rod producers enjoy strong demand

Turkish wire rod producers, which saw a significant fall in demand in the first half of the year, are now enjoying stronger demand. Demand has recovered both in domestic and export markets. As a result of strong demand, longer utilisation, and higher scrap costs, Turkish wire rod exporters have increased their export quotes this week. Wire rod export prices currently stand mostly at $490-500/tonne fob, up from $480-485/t fob a week ago. Offers at $510/t fob are a…
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