04
Jun
17:27
Domestic rebar market watches, waits as Turkey returns
Downward pressure lingers in the domestic rebar market as all eyes have shifted toward Turkey, following the reduction of import tariffs from 50% to 25%, Kallanish reports.
One buy-side source says the re-emergence of Turkish rebar is being watched carefully.
“Turkey certainly has re-entered the market, not fast and furious, but cautiously. Right now there is not a lot of excitement, but Turkey had been completely out of it and everyone was going to Eur…
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Anonymous
Very good overview of the weekly steel market.
Anonymous