Turkish rebar export prices

SteelOrbis is informed that Turkish mills are offering rebars for export at $550-560/mt FOB on actual weight basis for April shipments to destinations other than the US and Gulf markets. Offer levels have increased slightly this week. However, southern Europe is still not expressing any interest in these offers. Of the European countries, only the United Kingdom appears ready to accept such levels. According to information received, a sale has been concluded to Russia at $550/mt FOB. In addition, a small tonnage sale has been booked to the Gulf region at $565/mt CFR. However, for the time being the big importers still prefer to wait and see.