Turkish long steel producers have yet to see an improvement in rebar sales in both domestic and export markets. Lacking demand coupled with lower scrap and import billets have caused Turkish rebar producers to decrease their prices further.
Although some mills’ official prices are still above $740/tonne fob, such levels are not workable, and those mills are ready to give discounts on firm bids. It seems that most mills are ready to sell at $700-710/t fob act…
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