SteelOrbis has been informed by market sources that prices for 6 mm steel mesh in the Turkish domestic market have increased by TRY 0.04/kg ($19/mt) since last week and are now standing at TRY 1.36-1.38/kg ($658-668/mt) ex-mill, exclusive of VAT.
Market players state that their price levels were lower at the beginning of this week, but they have since adjusted their price levels upwards on the back of the strengthening of the US dollar against the Turkish lira. On the other hand, it is also stated that steel mesh demand is strong in
Turkey, in contrast to the negative sentiment in the market.
As for the export side, Turkish steel mesh offers to
Turkmenistan are in the range of $680-700/mt FOB.
$1 = TRY 2.066