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08 Oct
15:39

Turkish rebar/scrap prices fall further on fresh bookings

Rebar and scrap prices have declined further in Turkey, mainly due to low demand. Turkish rebar export quotes, which stood at $450-455/tonne fob Turkey a week ago, appear mostly at $445-450/t fob actual weight this week. A Turkish mill is said to have sold at $435/t fob actual weight to West Africa, although this is yet to be confirmed. Two traders have bought from a mill in western Turkey at $440/t. Another mill has concluded sales to Peru at $450/t fob for 20,…
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