Turkish rebar offers to Iraq likely be adjusted

According to market insiders, a deal for about 40,000 mt of rebar was concluded yesterday, October 23, from Turkey's Iskenderun region for Iraq at the level of $600-605/mt ex-works for November shipments. On the back of upticks in raw material prices, it is expected that Turkish rebar offers for Iraq will be targeted at $605-610/mt ex-works in the coming days.