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Turkish wire rod mills cut export prices by $20 to entice consumers

February 03, 2012 - 09:30 GMT Location: London

KEYWORDS: Europe , Middle East , Turkey , longs , wire rod , exports , prices , Metal Bulletin

Turkish wire rod producers have lowered export prices by $20 per tonne for February production on lower ferrous scrap costs and scant demand from consumers.

Small parcels of wire rod were sold this week at $665-670 per tonne fob main Turkish port, compared with $685-690 previously, according to Turkish market participants. The USA, the Middle...

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