Turkish wire rod export prices move sideways

Friday, 09 December 2016 16:22:36 (GMT+3)   |   Istanbul
       

Buyers of Turkish wire rod exports have continued in the past week to conclude wire rod purchases only in line with their needs as they have mostly maintained their wait-and-see stance. Meanwhile, Turkish wire rod producers have kept their export offers unchanged week on week in the range of $450-460/mt FOB amid their relatively stable production costs since no significant decline has been recorded in scrap and billet quotations.

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