According to market sources, over the last two weeks ex-
Turkey rebar offers to
Yemen have increased by $5/mt to $585/mt CFR on theoretical weight basis and for late September or early October shipments.
Market sources report that in the past three weeks there have been several
rebar deals concluded from
Turkey to
Yemen for September shipments and Yemeni buyers have already completed their purchases for September.
On the other hand, ex-China
rebar offers to
Yemen are at $533/mt CFR on theoretical weigh basis. Market sources state that, currently Yemeni buyers are evaluating Turkish and Chinese
rebar offers.