Turkish rebar export offers decline

Turkish rebar export offers have declined by $10/mt since last week to the range of $590-600/mt FOB. The low end of the rebar export price range had remained at $600/mt for a long time.
 
On the other hand, a mill in the Izmir region has sold 15,000 mt of rebar to Saudi Arabia at $590/mt FOB, on actual weight basis, while some deals at similar price levels are also heard in the Marmara region.