Turkish long steel export prices set to slip from current high

Turkish long steel export prices have continued to increase with stronger demand over the past week, but were expected to cool off in line with the fall in scrap prices, sources said on Thursday September 21.

Metal Bulletin’s weekly price assessment for rebar exports out of Turkey was $550-560 per tonne fob on an actual weight basis, up from the $545-550 per tonne of last week. The mills in Turkey were offering rebar at $560 per tonne fob actual weight for small vessels, while offers for bulk cargoes were $555 per tonne fob earlier in the week. However, offers fell to $550 per tonne fob on Thursday, a Turkish...

Published

Cem Turken

September 21, 2017

15:40 GMT

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