TURKEY LONG STEEL EXPORTS: Rebar prices inch down on cheaper scrap, poor demand

Turkish rebar export prices have gone down slightly over the past week in line with the recent downturn in imported scrap costs, sources said on Thursday July 9.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $400-410 per tonne on Thursday, down from the $407-415 per tonne of last week.

Turkish steel mills reduced their rebar export offers by $5 per tonne to as low as $410 per tonne fob on an actual-weight...

Published

Cem Turken

July 09, 2020

13:55 GMT

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