It is reported that Turkish rebar mills are offering USD 1,380 to USD 1,400 per tonne for markets for September deliveries, except for the US and Persian Gulf areas.
Turkish mills said that July and August orders were fully booked. September shipment is almost fully booked as well. September’s price is the same as that for July and August.
Some mills and distributors with stock on hand are offering lower prices. Buyers in the UAE are slowing down their purchases except for urgent and small quantity requirements.
(Sourced from Yieh.com)
