Market source indicated that Turkey’s rebar offer to Middle East declined to the level of US$460~470/ton for March production due to sluggish demand.
But Middle East buyers prefer to purchase from their local makers or its distributors.
At the same time and for the same reason, CIS steel makers lower down their billet price of March production to US$380~390/ton from earlier US$400~410/ton, but still fail to attract more orders. Source: Yieh.com
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Saturday, February 21, 2009
12:21 |
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