Turkish rebar producers try to increase prices due to rising costs

Turkish steelmakers have tried to increase their rebar export offers due to higher input costs, but demand remained sluggish over the week to Thursday January 20, market participants told Fastmarkets.

Electricity prices in Turkey have increased by around 127%, effective January 1. In addition, the Turkish Employers’ Association of Metal Industries (MESS) and the Turkish metal unions have agreed on a 65.67% increase in steel…

According: metalbulletin

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