Category: Rebar

Turkish rebar exports remain weak as prices are found high by buyers in the global arena, despite a slight decrease in values this week. On the other hand, rumours are circulating of rebar imports into Turkey from Malaysia and Egypt. However, these are not yet confirmed. The Malaysia-origin rebar deal was heard at around $710-720/tonne cfr Turkey for 40,000 tonnes. On Thursday, export offers for rebar stood mostly at $750-755/t fob Turkey actual weight, down from $760/t a week earlier. Read Full Details…