TURKEY LONG STEEL EXPORTS: Rising scrap costs, improving demand push up export prices

Turkish rebar and wire rod prices have gone up over the past week on improving demand and higher imported scrap costs, sources said on Thursday December 19.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) export, fob main port Turkey was $445-450 per tonne on Thursday, up from the $435-440 per tonne of last week.

Turkish steel producers have raised their offers for rebar exports to $460 per tonne fob, from the $440-450 per tonne fob on actual weight basis in the...


Cem Turken

December 19, 2019

15:30 GMT