15
Jan
14:42
Turkish rod export quotes soften on lower scrap
Turkish wire rod producers are seen facing slow demand in the global market, with most buyers halting their purchases. As a result, wire rod export quotes decreased slightly last week.
Turkish mills’ mesh-quality wire rod offer prices fell to $730-740/tonne fob Turkey after rising the week before to $750/t fob, Kallanish notes.
Although there were inquiries from Africa and Israel, buyers were hesitant to conclude purchases, due to the uncertainty over …
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Anonymous
Very good overview of the weekly steel market.
Anonymous