Turkish domestic rebar spot prices increase on lira basis, demand silent
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Global BPI suppliers lost their support from China in 2021.
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Icdas A.S. has raised its official local rebar price by TRY 375/mt to TRY 11,310/mt ($710/mt) ex-works.
A booking from Brazil to the US market done just before the weekend has ended the silence.
The downtrend in the local Indian hot rolled coil market has accelerated with traded prices sliding.