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18 May
15:52

Turkish rebar sales recede, prices pressured

Turkish rebar sales, which registered an improvement last week, have come to a halt again this week in both export and domestic markets. Turkish mills’ official offer prices stood mostly at $640-655/tonne fob Turkey actual weight on Thursday. Offers for mesh-quality wire rod, meanwhile, were at $650-670/t fob. Although Turkey's rebar export deals registered an improvement at $610-620/t fob levels at the beginning of last week, they fell significantly af…
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