Turkish wire rod export prices move sideways

Friday, 21 April 2017 17:00:22 (GMT+3)   |   Istanbul
       

Although demand for Turkish rebar in the international market has remained weak, Turkish steel producers' order books for April and May are fairly full. As a result, Turkish steel mills' wire rod offers to the export markets have moved sideways week on week in the range of $460-480/mt FOB. Also, SteelOrbis has been informed that the discounts of $5-10/mt given depending on tonnages and buyers are still heard in the market.

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