Prices in Turkey for steel rebar and wire rod have increased over the past week thanks to rising imported scrap costs and improving demand, sources said on Thursday September 3.
A steel mill in the Marmara region was heard selling 52,000 tonnes of rebar to Hong Kong at $443 per tonne fob on an actual weight basis, while it also sold some 58,000 tonnes of rebar to West and North Africa at $450 per tonne fob.