CIS LONG STEEL: Prices continue to slide amid competition with Turkish mills

August 17, 2021 / www.metalbulletin.com / Article Link

Rebar and wire rod export prices from the Commonwealth of Independent States continued to decrease in the week ended Monday August 16, pressured by the downward trend in the Turkish market that was spurred by a lack of demand and lower costs for imported scrap.

Scrap prices in Turkey declined at the beginning of this week due to the latest transaction.
Thus, Fastmarkets' index for steel scrap, HMS 1&2 (80:20 mix), North Europe origin, cfr Turkey, was calculated at $449.53 per tonne on August 16, down by $3.19 per tonne from $452.72 per tonne on Friday.
On Thursday, Turkish rebar export prices dipped due to a lack of demand for the material.

Fastmarkets' weekly price assessment for steel reinforcing...

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok