12
May
13:59
GCC mills eye exports, billet concluded into Turkey
Gulf Cooperation Council integrated mills have pursued billet sales to the European and Turkish markets.
An integrated mill in the bloc concluded a 25,000-30,000-tonne 150mm billet deal at $545/tonne cfr Turkiye for prompt shipment, Kallanish learns from market sources. Also, United Arab Emirates-origin wire rod is offered at $550/t fob UAE.
The Saudi Arabian major is also seeking rebar and wire rod exports, examining prices in export markets. The …
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Anonymous
Very good overview of the weekly steel market.
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