Fastmarkets’ weekly price assessment for
steel reinforcing bar (rebar), export, fob main port Turkey, was $605-620 per tonne on Thursday, up from last week’s $595-600 per tonne.
The steel producers in the country resumed their deep-sea scrap bookings on February 10, dragging prices up by more than $22 per tonne on a weekly basis.
Fastmarkets’ daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey, was $408.69 per tonne on February 17, up...