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06 Nov
14:52

Turkish wire rod export prices rise further

Turkish wire rod producers have further increased their export quotes due to high capacity utilisation until February, higher scrap prices, and a strong domestic market. Although demand in the global market is subdued, Turkish wire rod producers are enjoying domestic demand. Coupled with their previous export sales, they have guaranteed full utilisation until February. As a result, they further raised their export prices to $530-540/tonne fob Turkey last week from…
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