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02 Jun

Turkish rebar quotes fall amid weaker demand, scrap

Turkish mills, which slightly increased their prices last week, have lowered their export quotes again this week due to weaker global demand and scrap prices. Although some mills are trying to keep their offers unchanged at higher values, Turkish mills’ rebar export quotes stood mostly at $740-760/tonne fob Turkey actual weight on Thursday. Mesh-quality wire rod offers, meanwhile, are seen pegging mostly at around $800-820/t fob. A mill in southern Turkey, …
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Burcak Alpman  |  Turkey
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