SteelOrbis has been informed that Turkish mills are offering
rebar to the export markets, excepting the Persian Gulf region and the US, at the levels of $470-490/mt FOB
Turkey on actual weight basis for January shipment. It is observed that the Turkish producers'
rebar export offers have increased due to the uptrend in
scrap prices. With
Europe is preparing for its holidays, and also against the background of high
scrap prices and the changes in the €/$ exchange rate, it is heard that the Turkish producers have concluded some
rebar deals to Algeria.