The end of October was marked by the next collapse of prices in the steel markets of the Middle East. Demand is absent for the entire range of metal products, with the exception of large diameter pipes. No prerequisites for its restoration are yet observed. Local metal traders are in a hurry to get rid of excess metal rolling, in anticipation of a further drop in price.
Ukrainian metallurgical companies persistently offer Turkish consumers hot-rolled rolls and a thick-tank steel with discounts reaching $ 20-30 per ton. So rolled steel is offered at prices of less than $ 500/TN, and the thick sheet leaves no more than $ 540/TN under the supply conditions of FOB.
If our company were offered such prices, it would be just great, but we will not even sell us 800 dollars/TN, we requested ...
Thus, Ukrainian suppliers of ferrous metal rolling compete with their Russian colleagues, who sell their products a little more, due to the better quality of the proposed metal rolling.
The Turkish metallurgists themselves declare the intention to raise domestic prices for sheet steel to the level of 560 - 570 dollars/TN, and count for the resumption of demand immediately at the end of the Kurban -Bayram holiday.
Prices for metal rolling in the Middle East continue to fall
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Azovpromstal® 30 October 2012 г. 00:01 |
