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Poor demand, weak lira still plague Turkish long steel producers
January 23, 2014 - 15:50 GMT
wire rod prices
wire rod exports
The long steel market in Turkey is still suffering from sluggish demand as well as the weakness of the lira, market sources told Metal Bulletin sister title Steel First on Thursday January 23.
No significant sales of rebar have been heard so far this
week. However, some small cargoes were sold into the Middle
East-North Africa (Mena) region and to the USA, the sources
added. A number of mills sold rebar into the USA, while sales
of 3,000-5,000 tonnes were heard into Mena, one Turkish
producer said. Steel First's weekly price assessment for rebar
exports out of Turkey was...
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Euromoney Institutional Investor PLC.
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