Turkish rebar producers, facing stagnation and instability of demand, have been forced to further decrease their prices this week.
On Thursday, export offers for rebar stood mostly at $725-740/tonne fob Turkey actual weight, down from $750-755/t a week earlier. Offers for mesh-quality wire rod, meanwhile, were at $740-760/t fob.
Some producers, however, are seen keeping their prices at above $745/t fob and waiting for firm bids. All producers are nevertheless bem…
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