Plate offers given to
Turkey from both European and
CIS countries have continued to increase since last month. Some European mills'
plate offers to
Turkey have reached the level of $900/mt CFR.
In the middle of the last week, Donetsk's
plate offers were standing at the levels of $670-680/mt FOB. SteelOrbis has heard from market sources that Donetsk, having concluded sales at these levels, has increased its offers of commercial grade plates to the export markets to the level of $710/mt FOB for its remaining allocation. Traders'
plate offers for to
Turkey were last week at the range of $705-715/mt CFR, and, after the new prices of Donetsk, traders' offers have shown an increase. Traders' offers for Donetsk's new production are expected to be at $750/mt CFR.
Plate offers given from
Europe have also shown an increase. Bulgarian producer Stomana's
plate offers to
Turkey are standing at the level of €600/mt CFR, while Macedonian producer Makstil's
plate offers have increased to the range of $890-900/mt CFR at the end of last week.
ArcelorMittal Galati has concluded sales at the effective price level of $800/mt CFR. Prime grade stock material offers given from
Italy have risen to $890/mt CFR.