18
Jun
01:00
Turkey sells rebar cargo to UAE, continues China billet purchases over scrap
Turkish rebar exports have remained subdued this week as major Middle Eastern markets began Ramadan on Thursday. The first fortnight of the holy month typically sees business come to a standstill. Scrap bookings into Turkey have failed to restart, with mills still preferring to source China-origin billet as feedstock, market participants tell Kallanish.
Icdas is the last of three mills to have secured a July-shipment rebar cargo to United Arab Emirates. It w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous