25
Feb
13:43
Turkey repeats Brazil rebar business despite costlier freight
Turkish rebar producers have increased their export prices once again this week due to the ongoing rises seen in scrap prices.
After increasing to $620-630/t last week and $640-645/t at the beginning of the current week, Turkish mills’ rebar offers rose mostly to $645-650/t fob Turkey actual weight on Thursday.
Costlier scrap has forced Turkish mills to increase rebar quotes despite the jump in freight costs which give them a disadvantage in the internation…
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Anonymous
Very good overview of the weekly steel market.
Anonymous