Turkish rebar producers are seen struggling to keep their quotes stable amid lacklustre demand. Although some mills are offering discounts over offer prices, higher production costs following the increases seen in energy prices last week are preventing them from offering larger discounts.
Some producers are keeping their offers at above $710/tonne fob Turkey, but most were pegging at $690-700/t fob actual weight on Thursday. Lower levels at around $680/t fob can b…
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