TURKEY LONG STEEL EXPORTS: Firm scrap costs push up prices despite limited demand

Turkish rebar and wire rod export prices have continued to increase in line with rising scrap costs although demand, especially for rebar, was still not strong enough for the mills, sources said on Thursday February 20.

Fastmarkets’ weekly price assessment on Thursday for steel reinforcing bar (rebar), export, fob main port Turkey, was $430-440 per tonne on an actual weight basis, up from last week’s $410-420 per tonne.

The mills in Turkey have raised their rebar offers to $440-450 per tonne fob from...

Published

Cem Turken

February 20, 2020

14:35 GMT

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