25
Oct
16:27
Turkish rod export quotes rise on costlier scrap
As a result of the ongoing increases seen in Turkish mills’ scrap purchase prices and movement in local demand last week, mills have increased their wire rod export prices further.
While the Turkish local market showed signs of improvement as a result of the clearing up of political uncertainties last week, demand in export markets remained slow. Despite the low export demand, Turkish mills increased their wire rod quotes to $445-460/tonne fob for mesh qua…
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Anonymous
Very good overview of the weekly steel market.
Anonymous