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16 Feb
14:35

Turkish rebar stable, mills focus on domestic market

Turkish mills are seen keeping their rebar prices unchanged from last week, although prospects for the near term have turned bullish due to the government’s reconstruction plan for earthquake-hit cities, Kallanish notes. Mills’ offers stand mostly at $710-720/tonne ex-works in the domestic market and around $710/t fob Turkey actual weight in export destinations. Mesh-quality wire rod export offers are at around $720/t fob. After reducing export v…
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