Recently, Turkish rebar export markets remain weakness, the market sentiment is more pessimistic, mainly due to the weak demand of United Arab Emirates and the United States market and fierce competition. Currently, Turkish rebar export offers about 400 euros / ton (FOB), in which exports to the UAE offered quoted at USD 395-400 / ton (FOB, actual weight), exports to the US offer quoted at USD 415-420 / ton (CFR, theoretical weight).

Due to weak demand, in the first half of this yearTurkey's rebar exports already fell 7% to 3.75 million tons. Among them, exports to the UAE in the first place, about 706,000 tons, while the United States has become Turkey's second largest importer of steel, in the first half of 2015, Turkey's steel exports to the US nearly 0.65 million tons, an increase of 200%.

                                           XINSTEEL NEWS