TURKEY LONG STEEL EXPORTS: Scrap costs, better demand drive prices upward

Prices in Turkey for steel rebar and wire rod have increased over the past week thanks to rising imported scrap costs and improving demand, sources said on Thursday September 3.

A steel mill in the Marmara region was heard selling 52,000 tonnes of rebar to Hong Kong at $443 per tonne fob on an actual weight basis, while it also sold some 58,000 tonnes of rebar to West and North Africa at $450 per tonne fob.

Published

Cem Turken

September 03, 2020

14:04 GMT

Mugla