Demand for Turkish wire rod exports still weak ahead of end-of-Ramadan holiday

Friday, 24 June 2016 16:19:19 (GMT+3)   |   Istanbul
       

While demand for Turkish wire rod in the export markets is still at low levels, Turkish wire rod export prices have declined by $10/mt during the past week to $420-430/mt FOB. Ahead of the end-of Ramadan holiday (July 4-7), buyers in the global market are still concluding purchases only in line with their immediate needs, while demand is expected to increase slightly after the end-of-Ramadan holiday. 

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