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Mena buyers reject higher Turkish rebar offers
March 11, 2010 - 13:46 GMT
Location:
London
KEYWORDS:
ferrous scrap
,
billet
,
rebar
Turkish rebar exporters have so far failed to secure deals to MENA buyers for Marc h production with their latest offer prices, Turkish mills and traders told MB.
Turkish mini-mills and re-rollers have been offering rebar at $580-600 per tonne fob main Turkish port due to recent increases in ferrous scrap and billet prices which has increased their cost of production.
Turkish producers have been forced to pass on higher raw material costs to their customers, despite sluggish export...
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Euromoney Institutional Investor PLC.
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