Export prices for Turkish rebar fall below $500/t FOB for first time in five years

摘要

Turkish rebar exporters continue to back down. Being able to press on suppliers amid negative market outlook, those few buyers, who are willing to make bookings, have managed to knock deal prices down again. As a result, export prices for Turkish rebar have fallen below $500/t FOB for the first time in five years, and are likely to continue their downward trend.