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05 Feb
14:59

Turkish rod quotes fall again on lower scrap

Wire rod export quotes out of Turkey have decreased further due to the low level of demand and softer scrap prices, Kallanish notes. Turkish mills’ mesh-quality wire rod offer prices fell last week mostly to $680-690/tonne fob Turkey. Although demand remained low throughout the week, a large-tonnage wire rod sale was heard to the Netherlands at $710/t cfr. Besides this, some small-tonnage sales have been heard to Israel and Africa, mostly at $680-…
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