Turkish Rebar: Daily Rationale
S&P Global Platts assessed Turkish exported rebar at $497/mt FOB on Friday, flat from the previous day.
Market sentiment softened and it was reflected by Turkish mills' offers, which were downward Friday between $500-$505/mt FOB. Most sources indicated tradable value between $495-$499/mt FOB, with an uncertain outlook for next week.
No data was excluded from the assessment.
The above rationale applies to Platts' daily Turkish rebar assessment, with the associated market data code: STCBM00.