TURKEY LONG STEEL EXPORTS: Prices up on costlier scrap, demand sluggish

Turkish rebar and wire rod export prices increased over the past week despite weak demand, market sources said on Thursday June 11.

Turkish steelmakers raised their offers for rebar to $425-430 per tonne fob on an actual weight basis in line with the increasing scrap costs, Fastmarkets heard.
The bids that steelmakers were receiving were not any higher than $410 per tonne fob, however, sources said.

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