A transaction was concluded at $517 per tonne cfr Singapore on a theoretical weight basis for Turkish rebar by a Europe-headquartered trader, a buyer source said. The quantity for the February-shipment cargo could not be confirmed.
The is in line with previous transactions heard concluded at $526-528 per tonne cfr Hong Kong on an actual weight basis for Qatar-origin cargoes.
Position cargoes were offered at $520-525 per tonne cfr Singapore on a theoretical weight basis for Turkey or Middle East-origin rebar, while back-to-back offers by Turkey were at...
