Import offers revised in Israeli long steel market

According to market sources, local steelmakers' rebar offers in the Israeli domestic market are still being quoted at $620-625/mt delivered, excluding 16 percent VAT, indicating no changes since last week. Meanwhile, Turkish rebar offers to Israel can now be found at $595-605/mt CFR for late July shipments, increasing by $10/mt since last week, though no deals have been concluded at these levels so far and demand for Turkish rebar in the country has remained moderate.
 
In addition, ex-Turkey wire rod offers to the country have increased by $10/mt over the same period to $600-605/mt CFR, while Ukrainian wire rod offers for Israel are at $575-585/mt CFR.