TURKEY LONG STEEL EXPORTS: Strong demand, higher scrap costs boost prices

Turkish rebar and wire rod export prices went up sharply over the past week in line with strong demand and increasing scrap costs, sources said on Thursday November 26.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey was $500-515 per tonne on Thursday, up from $490-510 per tonne the week prior.

Mills in the country raised their rebar export offers as high as $520 per tonne fob on an actual weight basis throughout the week while receiving strong demand from buyers,...


Cem Turken

November 26, 2020

15:05 GMT