Turkish rebar export prices

SteelOrbis is informed that Turkish mills are offering rebars for export at $550-565/mt FOB on actual weight basis for April shipments to destinations other than the US and Gulf markets. The offers are mostly above $555/mt FOB. Reports indicate that a sale has been concluded to Israel at $550/mt FOB and to Russia at $560/mt FOB. The increase in southern European prices may boost up demand in southern Europe, especially in the Iberian Peninsula.