Export rebar and wire rod prices from the Commonwealth of Independent States (CIS) region continued to decrease in the week to Monday September 6, pressured by competition with Turkish mills, sources told Fastmarkets.
Offers of Turkey-origin rebar for foreign customers have slid $10-20 per tonne over the past two weeks, to $670-675 per tonne fob Black Sea.CIS mills revised their asking prices for rebar and wire rod...