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06 Aug
15:22

Domestic demand lifts Turkish rebar export offers further

Despite low demand, Turkish rebar export prices have increased further this week due to the continuing rise in scrap prices. Turkish mills’ rebar export offers, which stood at $435-440/tonne fob Turkey a week ago, are now mostly at $440-445/t fob actual weight, though $450/t fob is also available from some producers. Baltic-origin scrap, which stood at $275-278/t cfr Turkey a week ago, has risen to $285/t cfr with the most-recent deal this week. A Turkish …
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