05
May
15:39
Turkish rebar decline continues post holiday
Turkish mills are seen to have further decreased their rebar quotes in both the domestic and export markets following their return from the Eid holiday on Thursday.
With sentiment in the global steel market yet to improve, Turkish mills are continuing to suffer from weak demand. As a result, they have been forced to reduce prices on the first business day after the holiday.
On Thursday, Turkish mills’ official offers for rebar and mesh-quality wire rod were…
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Anonymous
Very good overview of the weekly steel market.
Anonymous