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