SteelOrbis has been informed by market sources that Turkish wire rod export offers have decreased by $10/mt since last week, declining to the range of $595-600/mt FOB.
The market sources have stated that demand coming from Turkey's wire rod export markets, which has been slack for a long time, has improved slightly with demand coming from Europe and Africa as construction activity has increased. Turkish wire rod producers say that currently they are focusing on their local market. However, they expect increased activity on the export side as well in the coming days.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.