Rebar imports from Turkey expected to wane
Sep 09, 2013 | 02:20 PM
| Samuel Frizell
NEW YORK U.S. imports of Turkish rebar will diminish in the coming months due to a trade complaint filed last week against Turkey and Mexico, sources said, as importers grow wary of potential duties placed on shipments.
"If you want to risk it you can still squeeze in a shipment now, but I think people will gradually withdraw from the market," one trader said. The potential imposition of import duties and the fear of getting slapped with those duties will deter importers from bringing in high volumes of Turkish rebar, sources said, and rebar buyers and importers are preparing to scale back their usage of Turkish material.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.