Weak demand pushes Turkish export long steel prices down further

Insufficient demand in both the export and domestic markets has pushed Turkish export rebar and wire rod prices further downward over the past week, sources told Metal Bulletin on Thursday March 30.

Metal Bulletin’s weekly price assessment for rebar exports out of Turkey was $415-420 per tonne fob, down from $425-430 per tonne.

Several cargoes of Turkish material, totalling 30,000 tonnes, were reported sold to the UAE at an average of $430 per tonne cfr on a theoretical weight basis, for...


Vlada Novokreshchenova

March 30, 2017

22:42 GMT