26
Feb
15:23
Turkish rod quotes rise further amid costlier scrap
Turkish wire rod producers have further increased their export quotes, although they are yet to see satisfactory demand in the global market. The price rise is mostly the result of scrap prices going up on a daily basis.
Mesh-quality wire rod quotes, which stood at $610-720/tonne fob a week earlier, appeared last Friday mostly at $720-740/t fob Turkey.
A Turkish mill has sold wire rod to Israel at $710/t fob. The same producer sold a cargo to Brazil comprising 27…
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Anonymous
Very good overview of the weekly steel market.
Anonymous