CIS LONG STEEL EXPORT: Market quiet as customers show little interest

June 12, 2019 / www.metalbulletin.com / Article Link

The CIS export rebar and wire rod market was quiet in the week to Monday June 10 due to the Eid holidays, marking the end of the holy month of Ramadan, in the major sales outlets.

Customers preferred to take a wait-and-see position, expecting prices to decrease in the near term following the softening of import scrap prices in Turkey at the end of last week. Indications of rebar offers from Ukraine were reported around $470 per...

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