Turkish rebar producers failed to fully pass the increase in imported scrap costs onto their finished goods prices over the past week due to weak demand, sources said on Thursday July 4.
Fastmarkets' weekly price assessment for rebar exports out of Turkey was $445-465 per tonne fob on actual weight basis, slightly wideneding up from last week's $445-460 per tonne.The country's mills increased their offers to $465-480...