TURKEY LONG STEEL EXPORTS: Mills seek higher prices on rising scrap costs

Turkish steel producers raised their offers to reflect the upturn in the scrap costs in their finished steel prices although demand continued to be sluggish, sources said on Thursday November 28.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) export, fob main port Turkey was $420-430 per tonne on an actual weight basis on Thursday, up from last week’s $415-420 per tonne fob.

Mills in Turkey raised their offers to $420-430 per tonne fob actual weight basis,...


Cem Turken

November 28, 2019

15:11 GMT