14
Jan
14:58
Weak demand tightens pressure on Turkish rebar prices
Turkish rebar producers are seen struggling to sell in the global market amid weak demand. Demand in the domestic market, meanwhile, is no different from the global market.
Rebar export quotes, which stood at $650-660/tonne fob Turkey last week, were mostly at $650-655/t fob actual weight on Thursday. However, Turkish rebar producers agree that these levels are not workable in the global market as buyers’ expectations are now far lower. They are however not …
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Anonymous
Very good overview of the weekly steel market.
Anonymous