TURKEY LONG STEEL EXPORTS: Rising scrap costs squeeze mill margins

The Turkish long steel export market remained weak over the past seven days on sluggish demand, while increasing raw materials costs continued to squeeze mill margins, sources told Fastmarkets on Thursday March 7.

Fastmarkets’ weekly price assessment for rebar exports out of Turkey remained unchanged at $470-480 per tonne fob on an actual weight basis. Steel producers in Turkey continued to offer rebar for export at $480-500 per tonne...


Cem Turken

March 07, 2019

15:52 GMT