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Steel rebar prices touch USD 700 FOB at Black Sea and Turkey- 17 Jan 10

Finished long product prices gained this week further.
As per report, rebar prices at Black Sea increased further by USD 10 per tonne to USD 20 per tonne with the higher band touching USD 700 per tonne FOB Black Sea
Similarly, export prices of steel rebar from Turkish mills have gained more than USD 50 per tonne in last 15 days and the prices in the higher band are way above USD 700 mark although the lower band is still lesser.

Jan 17, 2011 11:23
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