13
Nov
11:55
Turkish wire rod quotes gain on longer utilisation
Turkish wire rod producers have further increased their export prices this week amidst higher raw material prices and longer utilisation, mostly arising from previous sales and strong domestic demand.
Export offer quotes which stood at $530-540/tonne fob a week ago, have risen first to $555/t fob early this week and up to $575/t towards the end of the week. Some mills are seen giving no offers due to longer utilisation, Kallanish understands.
Demand for Turkish …
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Anonymous
Very good overview of the weekly steel market.
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