Continuous softening in Turkish rebar offers to Iraq

SteelOrbis has learned from market sources that rebar offers given from Turkey's Iskenderun region to Iraq has softened further by $5/mt as compared to early this week, declining to $640-650/mt ex-works on actual weight basis.
 
Since mid-April, Turkey's rebar offers to Iraq have been softening continuously in line with weaker long steel prices. Last week, Turkish rebar offers to Iraq were at $660/mt ex-works on actual weight basis.