TURKEY LONG STEEL EXPORTS: Limited demand from EU, US stifles activity

Turkey's long steel export market continued to struggle this week, with virtually closed markets in Europe and the United States and falling prices stifling demand, sources told Fastmarkets on Thursday January 10.

Turkish steel producers were generally offering rebar for exports at about $445-450 per tonne fob on an actual weight basis, with only a handful of mills still trying to keep their offers at $460 per tonne. A steel mill in the Izmir region was said to be selling some 50,000 tonnes of rebar to Singapore at $465 per tonne cfr on a theoretical weight basis (about $445 per tonne fob on...

Published

Cem Turken

January 10, 2019

16:55 GMT

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