Flats offers given to the Syrian market are as follows:
Origin |
Product |
Price |
Shipment |
$550-560/mt CFR |
November shipment |
||
Ukraine/Ilyich |
$530-540/mt CFR |
- |
|
$570/mt CFR |
- |
||
CIS/Syrian trader |
$530/mt ex-warehouse |
Overrolling |
|
$565-570/mt CFR |
October production |
||
$660-680/mt CFR |
October production |
In the Syrian domestic market flat products that were booked at lower price levels three-to-four months ago are still held in stock. Although the Southeast Asian markets have been rapidly losing their strength and the European markets have not yet shown the anticipated recovery, CIS producers have taken their chances with competitive offers in the Middle Eastern markets.