Turkish WR offers for export

Thursday, 10 May 2007 10:52:20 (GMT+3)   |  
       

SteelOrbis has heard that Turkish producers are offering mesh quality wire rods for export at $600-610/mt FOB on actual weight basis for late June and July shipments.

The Turkish wire rod market is relatively strong in comparison to the rebar market. After the Chinese VAT rebate cancellation, Chinese wire rod offers to south and east Europe increased to $600-610/mt CFR and this situation is providing support for the Turkish producers.


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