TURKEY LONG STEEL EXPORTS: Prices edge up further on stronger scrap costs

Turkish rebar and wire rod export prices continued to increase over the past week in line with strengthening imported scrap costs, sources said on Thursday December 17.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar) export, fob main port Turkey was $610-620 per tonne on Thursday, up from the last week’s $555-565 per tonne fob on actual weight basis.

Mills in the country transferred the increase in scrap costs to their finished long steel prices. They were offering rebar for export at...

Published

Cem Turken

December 17, 2020

15:36 GMT

Mugla