TURKEY LONG STEEL EXPORTS: Falling scrap costs, limited demand push prices down again

February 07, 2020 / www.metalbulletin.com / Article Link

Turkish long steel export prices have gone down over the past week, in line with falling imported scrap values and sluggish demand for the material, sources said on Thursday February 6.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar), export, fob main port Turkey, was $410-415 per tonne on Thursday, down from the $425-430 per tonne of last week.

Following the latest downturn in deep-sea scrap import prices, the mills in the...

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