CIS LONG STEEL: Mills raise export offers following move by Turkish suppliers

Rebar and wire rod producers from the Commonwealth of Independent States (CIS) increased their offer prices after hikes by Turkish suppliers this week, in response to higher scrap costs.

Fastmarkets' daily index for steel scrap, HMS 1&2 (80:20 mix), US origin, cfr Turkey was $267.66 per tonne cfr on Monday June 15, up from $260.12 per tonne on the same day last week.
And the daily index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey was $258.67 per tonne on June15, also up by $7.54 per tonne week on week.

Rebar export offers from Turkey increased to $425-430...

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