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21 Apr
15:05

Turkish rebar quotes fall amid lacking demand

Turkish rebar producers are facing weak demand in both export and domestic markets. With increasing pressure on prices, Turkish steel producers have decreased their quotes. On Thursday, Turkish mills’ official offers for rebar and mesh-quality wire rod stood mostly at $920-940/tonne fob and $1,000-1,030/t fob Turkey respectively actual weight. However, lower export quotes as low as $900/t fob for rebar and $940/t fob for wire rod are also available from…
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