TURKEY LONG STEEL EXPORTS: Stronger scrap pushes prices upward

Export prices for Turkey-origin rebar and wire rod have increased this week in line with the rising costs of scrap, although demand was still soft, sources said on Thursday November 8.

Fastmarkets’ weekly price assessment for rebar exports out of Turkey was $510-520 per tonne fob on an actual weight basis on Thursday, up from the $500-505 per tonne of last week. The country’s long steel producers have been offering rebar for export at $520-525 per tonne fob so far this week, but only one bid was heard...

Published

Cem Turken

November 08, 2018

13:24 GMT

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