SteelOrbis is informed that Turkish mills are offering rebars for export to Europe at $740-750/mt FOB on actual weight basis for April shipments.
Turkish rebar producers, whose exports markets have been relatively limited, had been offering at $730-740/mt FOB. However, following the sales concluded to markets such as Saudi Arabia and Latin America in particular, almost all EAFs have started to make offers at $740/mt FOB and above. It is heard that some producers have filled their order books but have not started to make offers for May shipments yet.