SteelOrbis has learned that Turkish producers'
rebar offers to the
UAE have declined by $10-15/mt as compared to last week. At present, Turkish producers are offering almost 40,000 mt of
rebar to the
UAE at $670-675/mt CFR on theoretical weight basis and for end of May shipments.
Last week,
rebar transactions totaling 40,000 mt were concluded at the above price level from
Turkey to Dubai.