CIS LONG STEEL: Prices slide on competition with Turkish mills, limited demand

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.
Wire rod was available at $770-790 per tonne fob Turkey last week, down by $20-30 per tonne since late August.

CIS mills revised their asking prices for rebar and wire rod...

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