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31 Aug

Turkish rebar market remains sluggish amid firm prices

Demand for Turkish long steel products remains weak in both domestic and export markets as buyers find Turkey’s prices to be high. In the export market, Turkish mills’ official rebar offers stand mostly at $580-590/t fob Turkey actual weight as of Thursday, unchanged from last week, while offers for mesh-quality wire rod are at $590-600/t fob. Besides stagnant global demand, lower prices from competitors and Turkish mills’ limitation of discoun…
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Burcak Alpman  |  Turkey
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