Due to the decreasing scrap cost and weak market demand, a wire manufacturer company in Turkey has reduced the export wire price of its February production by 20 US dollars/ton and wants to attract the attention of buyers with this action.
Market news from Turkey said this week that the wire product deal price is US$665~670/ton (FOB Turkish main port), which will be below the previous level with FOB of US$685~690/ton.
The United States, the Middle East and North Africa are still the largest export Sundays for wire products from Turkey.
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