Trading activity in the Commonwealth of Independent States' export long steel market remained sluggish in the week to Wednesday August 25 amid slow demand from Europe due to holidays in the region as well as continuing competition with Turkish suppliers.
Turkish steel producers decreased their export offers for rebar to $680-695 per tonne fob on an actual weight basis last week, against $695-705 per tonne fob a week earlier.Consequently, ArcelorMittal Kryvyi Rih, currently one of the main participants in the Black Sea...