According to market sources, Turkish rebar export offers have been stable at $560-570/mt FOB since last week. Turkish mills have been trying to keep their prices at the current levels, while buyers believe prices may go down in the coming days. On the other hand, with expectations of possible price hikes after the Ramadan, which will start this year on July 8, there are predictions that some buyers may accelerate their purchases and this could boost the market.
Weekly price movements of different steel products in major markets can be viewed comparatively in the SteelOrbis Historical Steel Prices section. Market trends can thus be seen more clearly, while desired charts can be created and used in reports or presentations.