Turkish wire rod offers gain acceptance in export markets

Friday, 21 March 2014 13:46:47 (GMT+3)   |   Istanbul
       

SteelOrbis has heard that Turkey's mesh quality wire rod offers to export markets are in the range of $585-600/mt FOB, remaining unchanged as compared to last week.
 
Some sales have been concluded from Turkey to European and North African markets, though for small volumes, while the strongest demand for Turkish wire rod is coming from the US market. Turkish steelmakers have continued their intensive business activity in the US market, while increased import scrap prices and the strong demand in the US market for ex-Turkey wire rod have helped Turkey's export offers, which had increased last week, to gain acceptance on the export side. 

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