15
May
15:28
Turkish rod producers fail to see expected demand
Turkish wire rod producers have increased their prices slightly, despite the low level of demand, reflecting the previous week’s rise in scrap prices.
Although rod producers were hoping to see improvement in demand following the rebound in prices, this is yet to materialise.
Turkish wire rod export offer prices, which decreased to $410-415/tonne fob Turkey a week earlier, stood on Friday at $420-430/t fob for mesh quality. However, higher prices at $440-450…
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Anonymous
Very good overview of the weekly steel market.
Anonymous