TURKEY LONG STEEL EXPORTS: Market remains weak, prices set to fall further

January 31, 2020 / www.metalbulletin.com / Article Link

Turkish long steel export prices remained steady over the past week, with no immediate expectations of an upturn due to falling imported scrap costs, sources said on Thursday January 30.

Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) export, fob main port Turkey, was unchanged week on week at $425-430 per tonne on Thursday.

Steel mills in the country were offering the material for exports at $430-435 per tonne fob on an actual-weight basis, sources said, while the highest bids came in at $425 per...

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