29
Dec
15:00
Turkish rebar rises amid strong domestic demand, scrap
Turkish steel producers, which have seen a significant increase in domestic demand since 24 December, are yet to find sufficient export demand.
However, strong domestic demand and increasing scrap prices caused them to increase export quotes as well as domestic prices last week. On Thursday, mills’ rebar export offers were at $665-685/tonne fob Turkey actual weight, up from $645-670/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $680-…
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Anonymous
Very good overview of the weekly steel market.
Anonymous