SteelOrbis is informed that Turkish mills are offering rebars for export at around $590/mt FOB on actual weight basis for October shipments to destinations other than the US and Persian Gulf markets.
Balkans countries such as Romania seem to be the best markets for Turkish rebar exports. Furthermore, demand from Lebanon and Syria is also turning towards Turkey due to the increase in Ukrainian rebar prices. There are slight movements in some countries in southern Europe, such as Italy. However, Italian trading firms prefer to make purchases from domestic producers for September shipments. On the other hand, the market situation in northern European countries, such as the UK and Germany, is not very good. However, the Polish market, which has started to revive, may trigger northern Europe.