16
May
16:02
Turkish longs slide amid limited demand
Turkish long steel producers have been forced to decrease their quotes despite not securing their targeted prices from scrap suppliers.
Turkish mills’ official rebar quotes stood on Thursday mostly at $580-590/tonne fob Turkey actual weight, and at $590-600/t fob for mesh-quality wire rod, each down $5-10/t from last week’s range.
Demand in the global market is sluggish, while the limited number of buyers are exerting pressure on prices. Bids are comi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous