18
Dec
00:00
Further scrap uptick drives Turkish rebar export offers higher, but buyers wait and see
Turkish mills have increased their rebar export offers again this week after scrap continued its uptick to $322/tonne cfr Turkey. However, with iron ore remaining weak and global steel prices still depressed, market participants who spoke to Kallanish believe the upward Turkish price trend will not last longer than a few weeks.
No bookings could be confirmed to United Arab Emirates at the time of writing. However, with Emirates Steel reducing its price for J…
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Anonymous
Very good overview of the weekly steel market.
Anonymous