Two weeks ago, Yemeni
rebar buyers made inquiries for Turkish
rebar but did not conclude any deals. Currently, the ongoing military intervention by Saudi Arabia in
Yemen continues to negatively impact industrial activity in
Yemen. Accordingly, Yemeni buyers are unwilling to make inquiries for Turkish
rebar, but market sources state that prices for Turkish
rebar would likely be in the range of $450-460/mt FOB if Yemeni buyers ask for offers at the current time.