TURKEY LONG STEEL EXPORTS: Rebar prices rise on improved demand, higher scrap costs

Turkish steel producers raised their rebar and wire rod export offer prices amid growing demand from Southeast Asia and rising imported scrap costs, sources said on Thursday April 8.

Turkish steelmakers raised their offers for rebar exports to $635-650 per tonne fob on an actual-weight basis, after selling material at $625-636 per tonne fob last week.
One steel producer was heard closing a deal to Southeast Asia at $640 per tonne fob on am actual-weight basis earlier this week.

Fastmarkets’...

Published

Cem Turken

April 08, 2021

14:58 GMT

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