SteelOrbis has been informed that Turkish mills are offering rebar for export to regions other than the US and the Persian Gulf in a range of $1,380-1,400/mt FOB Turkey on actual weight basis for September shipments.
Due to the upward price trend in the UAE domestic rebar market, the Turkish rebar offers to this market have increased compared to last week, and have this week been standing in a range of $1,450-1,490/mt FOB Turkey ($1,490-1,530/mt CFR Dubai) on theoretical weight basis for September.