TURKEY LONG STEEL EXPORTS: Sluggish demand, lack of sales to US, put pressure on prices

The Turkish long steel export market continued to suffer this week as the continuing lack of interest from the United States increased the downward pressure on prices, sources said on Thursday June 20.

Fastmarkets’ weekly price assessment for rebar exports out of Turkey was $445-460 per tonne fob on an actual-weight basis, unchanged week on week. Steel mills in the country tried to keep their offers for rebar flat at minimum $460 per tonne fob level, but customers have shown no...


Cem Turken

June 20, 2019

14:58 GMT