Ex-Turkey rebar export prices

SteelOrbis has been informed that Turkish mills are offering rebar to the export markets, excepting the Persian Gulf region and the US, at the levels of $470-490/mt FOB Turkey on actual weight basis for January shipment. It is observed that the Turkish producers' rebar export offers have increased due to the uptrend in scrap prices. With Europe is preparing for its holidays, and also against the background of high scrap prices and the changes in the €/$ exchange rate, it is heard that the Turkish producers have concluded some rebar deals to Algeria.