Import rebar prices in Asia rise as expected amid cost pressure
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Noticias
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Local Turkish rebar spot prices trend up
Today, January 24, Turkish domestic rebar spot prices have increased by TRY 50-100/mt ($2-6/mt) compared to the end of last week.
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S. Korean mills voice more bids for import scrap, trying to further attract volumes
As mentioned before by SteelOrbis, South Korean mills are trying to secure scrap tonnages by increasing their import scrap prices.
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Turkey’s import scrap market stable for now, signs of possible slight decline
Since late Friday, January 21, rumors of deals considered to have been done during the week have been heard in Turkey’s import market.
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Local Chinese longs prices up slightly ahead of holiday as output curbs loom
During the week ending January 24, average Chinese domestic rebar and wire rod prices have moved up.
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