Export offers to Cyprus
Market resources reported to SteelOrbis that a Turkish galvanized steel producer offers galvanized steel sheets to Cyprus market on CIF Magosa basis at following levels:0.50 mm $795/mt 1.00 mm $775/mt 2.00 mm $720/mtTaking into consideration that freight rates are at the level of $20/mt, these prices are rather lower than the prices for the domestic market. Besides, other producers are reportedly offering higher prices. Above mentioned prices may be expected to increase in a short while.