TURKEY LONG STEEL EXPORTS: Tight supply keeps prices firm

November 06, 2020 / www.metalbulletin.com / Article Link

The Turkish long steel export market remained unmoved on tight supply and high scrap costs over the past week, sources told Fastmarkets on Thursday November 5.

Mills in the country achieved sales at $450-455 per tonne fob in previous weeks and set their offer price at $455-460 per tonne fob last week, which they are still offering.

A cargo of Turkish rebar was sold to Peru at $450 per tonne fob in recent weeks, while several more cargoes were heard...

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