05
Oct
15:03
Costlier production further squeezes Turkish mill margins
Some Turkish long steel producers have increased their offers this week due to the 20% rises in electricity and natural gas prices as of 1 October, notes Kallanish.
On Thursday, Turkish mills’ official offers for rebar were seen mostly at above $580/tonne fob Turkey actual weight. However, $570-575/t fob was also available from some producers who have not reflected energy price hikes in quotes amid lacklustre demand. Offers for mesh-quality wire rod, meanwhi…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous