CIS export rebar and wire rod prices continued to fall in the week ended Monday October 1, with mills reducing their prices to attract customers at a time of lack of demand and increased competition - particularly with Turkish suppliers.
Recent offers of CIS-origin rebar were reported within the range of $500-505 per tonne fob Black Sea, down by $10 per tonne week on week.Modest buying activity in the markets of the Middle East and Africa, as well as the market pressure created by falling long...