TURKEY LONG STEEL EXPORTS: Prices down on poor demand

Turkish export prices for steel rebar and wire rod continued to fall over the past week, in line with the decreasing scrap costs that have resulted from weak demand, sources said on Thursday January 28.

Fastmarkets’ weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $600-620 per tonne on Thursday, down from last week’s $620-630 per tonne fob on an actual weight basis. The steelmakers in Turkey reduced their offers to $620-625 per tonne from last week’s $630-640 per tonne due to the limited...

Published

Cem Turken

January 28, 2021

14:38 GMT

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