Difficult times for Greek rebar exporters

Wednesday, 16 January 2019 16:52:30 (GMT+3)   |   Istanbul

The demand received by Greek rebar exporters from the international markets has been at very low levels over the past week. SteelOrbis has been informed that Greek rebar exporters’ offers are significantly higher than the average price levels in the international markets and have failed to compete with Turkish rebar export quotations for February shipments. On the other hand, Greek steel mills are expected to focus on the wire rod market where they are in a stronger position. Meanwhile, rebar export offers from Greece to the international markets are still at €500-510/mt ($570-581/mt) FOB, stable week on week.

€1 = $1.14

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