14
Oct
15:13
Turkish rebar quotes continue daily rises
Turkish rebar offers are recording steady daily rises this week as a result of higher prices in each subsequent scrap deal and support from domestic rebar and billet demand.
On Thursday, export quotes stood mostly at $720-730/tonne fob Turkey actual weight, up from $715-725/t a day earlier.
Turkish mills are seen selling to their traditional markets, Israel and Yemen, as well as Africa. After sales at $710/t fob actual weight to Israel on Wednesday, producers wer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous