Turkish mills have increased their long steel quotes due to the rises seen in scrap prices last week.
On Thursday, mills’ export offers were mostly at $630-645/tonne fob Turkey actual weight, up from $615-630/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $640-660/t fob.
Turkish mills have seen a slight increase in rebar sales following the recovery in scrap prices. Yemeni buyers, who were waiting for prices to bottom, have returned …
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