14
Aug
13:56
Turkish merchant bar export offers increase slightly
Turkish merchant bar exporters have slightly increased their offer prices, despite slowed demand in export markets. The main reason for the hike was the rise seen in raw materials prices.
Following Kardemir’s high-quantity billet sales at $418/tonne ex-works at the beginning of last week, mills have increased billet prices up to $430/t ex-works. Lower offers are however available in the market from the CIS at $415/t cfr Turkey. With costs at these levels, Tu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous