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08 Nov
14:12

Turkish wire rod exporters keep prices steady

Although demand for Turkish wire rod in export markets has declined this week, Turkish producers have kept their prices steady amid high scrap and billet prices. Global wire rod demand, even at lowered levels, is considered to be better compared to rebar. Turkish mills’ quotes mostly stand at $445-455/tonne fob for mesh quality wire rod – unchanged on-week. However, some producers are seen to have offered at $460/t fob. A Turkish wire rod producer…
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