TURKEY LONG STEEL EXPORTS: Mills push up prices to reflect higher scrap costs

Turkish steel mills continued to push up their rebar export offers over the past week due to rising scrap costs, sources said on Thursday December 5.

Steel producers in the country were offering rebar for export at around $430 per tonne fob on an actual-weight basis earlier in the week, but most raised their offers to $440 per tonne on hearing news of higher-priced scrap cargoes.

Fastmarkets’ weekly price assessment for steel...

Published

Cem Turken

December 05, 2019

15:31 GMT

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