09
Apr
16:08
Turkish rod stable, scrap fluctuates within narrow range
Turkish wire rod producers are seen facing weak demand in the global market. They have consequently been unable to increase rod quotes despite the rise seen in scrap and rebar prices last week.
Turkish mills’ mesh-quality wire rod offers stand at $710-725/tonne fob, unchanged from the previous week.
A Turkish mill tells Kallanish: “Although domestic demand has been driving the rod market and prices for a while, this has also weakened. Rod sales are qu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous