It is reported that demand for finished long steel product at Black Sea is weak.
As a result, prices of rebars dipped by about USD 20 per tonne to USD 560 per tonne to USD 565 per tonne FOB Black Sea.
ON the other hand, wire rod prices are more stable with about USD 10 per tonne decrease to USD 575 per tonne to USD 590 per tonne FOB Black Sea.