Period of stability ahead for Turkish rebar

摘要

Turkish longs product prices appear more stable at the end of March, with some return to buying by customers after a period of slack demand. Rebar and wire rod (mesh) offers last week softened by around $10/t compared to upper range prices voiced mid-month while those at the lower end of the range remain in play as the new ceiling in done deals. Current targets are now said to range between $675/t to $685/t fob and are being met in done deals.