Turkish rebar offers to Yemen fail to attract attention

SteelOrbis has learned from market sources that in the Yemeni market rebar offers given from Europe are standing at $655/mt FOB, while rebar offers from Turkey are at $665/mt CFR, both on actual weight basis and for June shipments. However, Yemeni buyers state that the price level of the Turkish mills is unacceptable, adding that their price expectation is $650/mt CFR.