28
Jul
15:19
Turkish rebar prices continue decline on weak demand
Turkish rebar producers are seen continuing to decrease their offers in both domestic and export markets due to weak demand.
Mills’ export quotes for rebar were mostly at $620-650/tonne fob Turkey actual weight on Thursday. This is down from $700-710/t fob a week ago. Export quotes for mesh-quality wire rod, meanwhile, are mostly at $650-680/t fob, though higher levels are also being quoted by some producers.
Demand remains lacking in export markets. Most b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous