Turkish rebar export prices
SteelOrbis is informed that Turkish mills are offering rebars for export at around $590/mt FOB on actual weight basis for late April / May shipments to destinations other than the US and Gulf markets. Sales from the south of Turkey to the Iraq market are at $575/mt delivered to warehouse. Offers from the south of Turkey to the Israeli market are at $575-580/mt FOB. The price level of a concluded sale from southern Turkey to Russia has been reported at $580/mt. In addition, a sale has been concluded to the US at 605/mt CFR on a theoretical weight basis. The recent purchases of big customers in the UAE are at $590/mt CFR on a theoretical weight basis. Offers for the UAE have risen to $600/mt CFR on a theoretical weight basis.
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