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/mt
Taking 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.