31
Oct
15:26
Turkish rebar producers test higher prices
As a result of scrap quotes reaching $260/tonne cfr Turkey, Turkish mills are observed to have started offering higher rebar prices this week. Although there are still some producers offering rebar at $415/t fob actual weight, more producers are seen to have started offering at $430/t fob this week.
Israel has been the most active market in inquiring for Turkish rebar, with sales to this traditional market taking place at $410/t fob. A Turkish producer has sold …
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Anonymous
Very good overview of the weekly steel market.
Anonymous